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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 Scituate at 199 Plainfield Pike, Scituate, RI, 02857 earns $662/mo cash flow from $2,790/mo rent with a $1,596/mo payment. Total monthly income totals $2,790/mo, and annual cash flow totals $7,938/yr on $108,069 capital. ROI tracks 27.25% on current figures, and rental yield reads 10.27% at a $326,000 purchase. Equity gained on principal adds $2,104/yr, and 5% annual appreciation supports $90,068 over five years. Five-year ROI reaches 142.7% and total cumulative return in cash sums $154,215. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,790/mo property income instead of your personal income.
Single Family
Built in 1880
0.77 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 |
|---|---|---|
| 2025-07-31 | Sold | $326,000 |
| 2025-07-02 | Pending sale | $329,900 |
| 2025-06-29 | Listed for sale | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $2911.00 | 3.37% | $168,000 | N/A |
| 2023-10-13 | $2816.00 | 2.33% | $168,000 | N/A |
| 2022-10-13 | $2752.00 | 13.95% | $168,000 | 30.03% |
Listed by: Craig Luchon • Keller Williams Leading Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1386786
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.
