737 Danielson Pike, Scituate, RI, 02857 | $350/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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737 Danielson Pike, Scituate, RI, 02857 | $350/mo Cash Flow | Ziffy

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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

Investment property for sale in Scituate at 737 Danielson Pike, Scituate, RI, 02857 uses $165,717 cash to close to unlock $4,194/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $3,613/mo, and a $2,447/mo payment keeps the spread at $350/mo. Purchase price stands at $499,900, and rental yield measures 8.67% with $3,613/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 116.86% and total cumulative return in cash records $193,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,613/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in 1942

3 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 1940's colonial complete with all the character of yesteryear along with tasteful upgrades for today's modern family. Beautiful light and bright kitchen with breakfast nook and center island. Glass cabinets compliment the cottage style design. Large living room with fireplace and french doors to front foyer. Hardwood floors throughout (including all bedrooms). Spacious rooms, formal dining room with built in corner cabinet. Upgrades include new roof, kitchen and insulation. Exterior has been freshly painted with extensive front stairs, walkway and gardens. Home is nestled on 3 acres of mature landscape with perennials and fruit trees. Convenient location in North Scituate

Neighborhood Data

Neighborhood data shown for ZIP Code: 02857, North Scituate, RI area.

Housing Distribution

Housing Statistics

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