20-22 Gleaner Chapel RdScituateRI02857
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Scituate at 20-22 Gleaner Chapel Rd, Scituate, RI, 02857 earns from $3,064/mo rent with a $3,108/mo payment. Total monthly income totals $3,064/mo. ROI tracks 13.85% on current figures, and rental yield reads 5.79% at a $634,900 purchase. Equity gained on principal adds $4,097/yr, and 5% annual appreciation supports $175,411 over five years. Five-year ROI reaches 70.75% and total cumulative return in cash sums $147,793. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,064/mo property income instead of your personal income.
Multi Family
Built in 1965
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02857, North Scituate, RI area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
3,318
Single Family
3,258
Multi-Family
60
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Bassett • RE/MAX Host of Homes
Mls Name: StateWide MLS RI
Mls ID: #1396364