23 Peck Hill Rd, Scituate, RI, 02857 | $1,077/mo Cash Flow

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23 Peck Hill Rd, Scituate, RI, 02857 | $1,077/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Scituate at 23 Peck Hill Rd, Scituate, RI, 02857 priced at $449,900 converts $4,014/mo rent into $1,077/mo cash flow after a $2,202/mo obligation. Total monthly income equals $4,014/mo, and annual cash flow totals $12,926/yr on $149,142 invested. Return on cash invested prints 28.58% in year one, and rental yield reads 10.71% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 149.78% and total cumulative return in cash sums $223,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,014/mo property income covering a $2,202/mo payment, not borrower’s personal income.

Single Family

Built in 1890

1.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Built in 1890, this Scituate home offers historic charm and a classic New England feel throughout. With spacious rooms, original details, and a layout full of potential, the property provides a wonderful opportunity for buyers looking to bring their vision to life. Whether youre drawn to its character or its peaceful setting, 23 Peck Hill Rd offers a strong foundation ready to be reimagined. Courtesy of the addition there is also potential for an In-Law apartment. Set on a generous lot with mature surroundings, the outdoor space allows for gardening, gatherings, or future enhancements. With its combination of history, space, and possibility, this property presents a rare opportunity to create something truly special in Scituate.

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