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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% |
Investment property for sale in Scituate at 51 Pole Bridge Rd, Scituate, RI, 02857 at $489,900 posts ROI 17.65% with from $2,892/mo rent. Total monthly income equals $2,892/mo. Return on cash invested measures 17.65% and rental yield reads 7.08% at the current $489,900. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 by year five. Five-year ROI prints 91.15% and total cumulative return in cash totals $148,025. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,892/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1939
0.85 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $489,900 |
| 2021-05-17 | Sold | $299,000 |
| 2020-11-30 | Listing removed | $239,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $5672.00 | 20.27% | $327,300 | 16.31% |
| 2023-04-30 | $4716.00 | 9.93% | $281,400 | 7.45% |
| 2022-04-30 | $4290.00 | 11.11% | $261,900 | 26.77% |
Listed by: Dave Boisvert • Keller Williams Leading Edge
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1381792
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 2025 State-Wide MLS, Inc. All rights reserved.
