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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 21 Gentry Way, Scituate, RI, 02857 priced at $889,000 converts $4,816/mo rent into after a $4,351/mo obligation. Total monthly income equals $4,816/mo. Return on cash invested prints 16.01% in year one, and rental yield reads 6.5% against a $889,000 entry. Equity gained on principal adds $5,737/yr, while 5% annual appreciation compiles into $245,614 by year five. Five-year ROI reaches 82.34% and total cumulative return in cash sums $240,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,816/mo property income covering a $4,351/mo payment, not borrower’s personal income.
Single Family
Built in 1988
2.80 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 |
|---|---|---|
| 2024-10-13 | Listed for sale | $889,000 |
| 2024-10-02 | Pending sale | $889,000 |
| 2024-09-05 | Listed for sale | $889,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $7943.00 | 2.33% | $473,900 | N/A |
| 2022-10-14 | $7762.00 | -3.14% | $473,900 | 10.52% |
| 2021-10-14 | $8014.00 | -0.00% | $428,800 | N/A |
Listed by: John Skeffington • Realty Center
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1367902
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 2024 State-Wide MLS, Inc. All rights reserved.
