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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Glocester at 1277 Snake Hill Rd, Glocester, RI, 02857 listed at $349,000 pairs $2,807/mo rent with a $1,708/mo payment to leave $529/mo cash flow. Total monthly income runs $2,807/mo, and annual cash flow reaches $6,348/yr on $115,694 cash to close. Return on cash invested measures 25.4% in year one, and rental yield registers 9.65% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 132.69% and total cumulative return in cash totals $153,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,807/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
2.71 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02857, North Scituate, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,639 (100%) |
| Owner Occupied HU | 3,040 (83.5%) |
| Renter Occupied HU | 445 (12.2%) |
| Vacant Housing Units | 154 ( 4.2%) |
| Median Home Value | $479,748 |
| Average Home Value | $533,428 |
Residential
3,318
Single Family
3,258
Multi-Family
60
Businesses
253
Date | Event | Price |
|---|---|---|
| 2025-02-17 | Listed for sale | $349,000 |
| 2024-09-09 | Sold | $225,000 |
| 2024-08-28 | Pending sale | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $3204.00 | -2.76% | $231,200 | N/A |
| 2023-03-26 | $3295.00 | 8.50% | $231,200 | 42.28% |
| 2022-03-26 | $3037.00 | 1.33% | $162,500 | N/A |
Listed by: James Hall • Compass / Lila Delman Compass
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1378105
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 State-Wide MLS, Inc. All rights reserved.
