40 Hicks WayScituateRI02825
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 40 Hicks Way, Scituate, RI, 02825 in Scituate is capital appreciation. Rental yield 0%. The 0% gross yield at $564,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $156,071 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 2002
5.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02825, Foster, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,820 (87.1%) |
| Renter Occupied HU | 180 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.3%) |
| Median Home Value | $480,296 |
| Average Home Value | $519,391 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
2,076
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2002
5.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02825, Foster, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,820 (87.1%) |
| Renter Occupied HU | 180 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.3%) |
| Median Home Value | $480,296 |
| Average Home Value | $519,391 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
2,076
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: StateWide MLS RI
Mls ID: #1393542