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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 41 Trimtown Rd, Scituate, RI, 02857 generates $3,821/mo in rent and, after a $2,814/mo payment, leaves $68/mo in cash flow. Total monthly income is $3,821/mo, and annual cash flow is $814/yr on $189,175 invested. Return on cash invested sits at 20.49% in year one, and rental yield is 7.97% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 106.37% and total cumulative return in cash sums $201,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,821/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
1.03 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 |
|---|---|---|
| 2024-09-20 | Price change | $575,000 |
| 2024-08-04 | Price change | $1 |
| 2024-08-02 | Price change | $899,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $7084.00 | 2.31% | $422,700 | N/A |
| 2022-10-14 | $6924.00 | -9.29% | $422,700 | 3.50% |
| 2021-10-14 | $7633.00 | N/A | $408,400 | N/A |
What's Special
Attic Storage
Listed by: Ellen Brady • Scituate Realty, Inc.
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1369157
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.
