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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 Glocester at 450 Snake Hill Rd, Glocester, RI, 02857 generates $5,252/mo in rent and, after a $3,353/mo payment, leaves $780/mo in cash flow. Total monthly income is $5,252/mo, and annual cash flow is $9,362/yr on $225,365 invested. Return on cash invested sits at 24.21% in year one, and rental yield is 9.2% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 126.36% and total cumulative return in cash sums $284,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,252/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
5.29 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 |
|---|---|---|
| 2025-03-06 | Listed for sale | $685,000 |
| 2008-03-17 | Sold | $199,999 |
| 2007-09-10 | Sold | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $8869.00 | -2.74% | $639,900 | N/A |
| 2023-04-02 | $9119.00 | 5.76% | $639,900 | 38.72% |
| 2022-04-02 | $8622.00 | 1.36% | $461,300 | N/A |
Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11445708
