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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% |
Rental property for sale in Scituate at 130 Main St, Scituate, RI, 02831 generates $3,500/mo in rent and, after a $1,505/mo payment, leaves $1,461/mo in cash flow. Total monthly income is $3,500/mo, and annual cash flow is $17,529/yr on $101,936 invested. Return on cash invested sits at 37.1% in year one, and rental yield is 13.66% on a $307,500 entry. Equity gained on principal adds $1,984/yr, while 5% annual appreciation builds toward $84,957 over five years. Five-year ROI reaches 195.63% and total cumulative return in cash sums $199,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,500/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02831, Hope, RI area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,597 (100%) |
| Owner Occupied HU | 1,308 (81.9%) |
| Renter Occupied HU | 187 (11.7%) |
| Vacant Housing Units | 102 ( 6.4%) |
| Median Home Value | $595,912 |
| Average Home Value | $609,060 |
Residential
1,439
Single Family
1,439
Multi-Family
0
Businesses
98
Date | Event | Price |
|---|---|---|
| 2025-08-18 | Sold | $307,500 |
| 2025-05-11 | Pending sale | $329,900 |
| 2025-02-10 | Listed for sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-22 | $4875.00 | 20.49% | $281,300 | 16.53% |
| 2023-09-22 | $4046.00 | 2.33% | $241,400 | N/A |
| 2022-09-22 | $3954.00 | 21.25% | $241,400 | 38.34% |
What's Special
Attic Stairs
Listed by: Omar Valerio • Century 21 Limitless
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1369472
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.
