12 Richfield RdScituateMA02066
Nearby investment properties with comparable rents
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Scituate at 12 Richfield Rd, Scituate, MA, 02066 offers $3,983/mo rent that, after a $3,671/mo payment. Total monthly income is $3,983/mo. Return on cash invested measures 16.44% in year one, and rental yield stands at 6.37% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 84.36% and total cumulative return in cash reaches $208,158. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,983/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02066, Scituate, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,125 (100%) |
| Owner Occupied HU | 6,347 (78.1%) |
| Renter Occupied HU | 978 (12.0%) |
| Vacant Housing Units | 800 ( 9.8%) |
| Median Home Value | $857,105 |
| Average Home Value | $942,334 |
Housing Distribution
Address Breakdown
Residential
7,768
Single Family
7,500
Multi-Family
268
Businesses
504
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Listed by: Brita Sheehan • Coldwell Banker Realty - Scituate
Mls Name: MLS PIN
Mls ID: #73447067