399 Bungy Rd, Scituate, RI, 02857 | 5.93% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

399 Bungy Rd, Scituate, RI, 02857 | 5.93% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2416 sft

85 Plainfield Pike, Foster, RI, 02825

3 Bed
3 Bath
1800 sft

51 Mill Rd, Foster, RI, 02825

4 Bed
3 Bath
2432 sft

121 Kenwood Rd, Griswold, CT, 06351

4 Bed
3 Bath
3163 sft

25 Charlton Avenue, Killingly, CT, 06241

Nearby investment properties with comparable prices

3 Bed
3 Bath
3432 sft

375 Franklin Rd, Coventry, RI, 02816

4 Bed
3 Bath
2432 sft

121 Kenwood Rd, Griswold, CT, 06351

3 Bed
4 Bath
2900 sft

31 Wickaboxet Dr, West Greenwich, RI, 02817

3 Bed
2 Bath
2500 sft

134-1 Sharpe St, West Greenwich, RI, 02817

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Scituate at 399 Bungy Rd, Scituate, RI, 02857 priced at $925,000 pairs $4,571/mo rent with after a $4,527/mo payment. Total monthly income equals $4,571/mo. Return on cash invested is 14.28% in year one, and rental yield stands at 5.93% on a $925,000 basis. Equity gained on principal adds $5,969/yr, and 5% annual appreciation accumulates to $255,560 by year five. Five-year ROI measures 73.06% and total cumulative return in cash reaches $222,337. For financing, Ziffy Mortgage’s DSCR program evaluates $4,571/mo property income against a $4,527/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1968

1.58 Acres lot

$N/A/sqft

No HOA

More details about the property

Exceptional 4-bedroom, 2.5-bath Colonial , which is a 17th century replica of the Parson Capen House in Massachusetts , offers timeless character and modern amenities. This beautifully crafted home features wide pine floors, three impressive fireplaces, and a thoughtfully designed kitchen with radiant heated floors. Recent updates include new central air system and a new roof, ensuring comfort and efficiency. Set on 1.5 acres, the property boasts professionally landscaped grounds, stone walls and lovely patio. The beautiful outdoor living space and the private setting that enhances its appeal. A 3 car garage offers plenty of storage and convenience. With a serene environment and unmatched craftsmanship this home is a perfect blend of historic charm and contemporary convenience. This home is truly one of a kind! close to all amenities and a quick commute to the city of providence.

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