60 Trout Brook Ln, Scituate, RI, 02831 | 7.39% Rental Yield

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60 Trout Brook Ln, Scituate, RI, 02831 | 7.39% Rental Yield | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Scituate at 60 Trout Brook Ln, Scituate, RI, 02831 offers $4,462/mo rent that, after a $3,548/mo payment. Total monthly income is $4,462/mo. Return on cash invested measures 18.7% in year one, and rental yield stands at 7.39% at a $724,900 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,277 by year five. Five-year ROI records 96.77% and total cumulative return in cash reaches $230,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,462/mo property income versus a $3,548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

3.67 Acres lot

$N/A/sqft

No HOA

More details about the property

One owner custom built colonial. This is a must-see house with many hidden features the camera just does not capture. If you crave quiet beauty, abundant wildlife and Scituate's excellent school system, this is the house for you. With 7 rooms, 3 beds, 2.5 baths and almost 4 acres of surrounding land this is the home for a growing family. The house boasts central A/C when inside and a beautiful 15 X 30 above ground pool to keep you cool when outside. Quietly nestled in a beautiful established neighborhood, but not too far from the necessities of life. New roof in 2006. MOTIVATED SELLER, REASONABLE OFFERS WELCOME!!!!!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 02831, Hope, RI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,597 (100%)
Owner Occupied HU	1,308 (81.9%)
Renter Occupied HU	187 (11.7%)
Vacant Housing Units	102 ( 6.4%)
Median Home Value	$595,912
Average Home Value	$609,060