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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 8 Clinton Ave, Scituate, RI, 02831 priced at $639,900 pairs $4,369/mo rent with $192/mo cash flow after a $3,132/mo payment. Total monthly income equals $4,369/mo, and annual cash flow comes to $2,302/yr on $210,527 invested. Return on cash invested is 21.15% in year one, and rental yield stands at 8.19% on a $639,900 basis. Equity gained on principal adds $4,129/yr, and 5% annual appreciation accumulates to $176,793 by year five. Five-year ROI measures 109.93% and total cumulative return in cash reaches $231,431. For financing, Ziffy Mortgage’s DSCR program evaluates $4,369/mo property income against a $3,132/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 02831, Hope, RI area.
| 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 |
Residential
1,439
Single Family
1,439
Multi-Family
0
Businesses
98
Date | Event | Price |
|---|---|---|
| 2025-06-19 | Listed for sale | $639,900 |
| 2025-06-18 | Listing removed | $629,900 |
| 2025-05-21 | Listed for sale | $629,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-12 | $4956.00 | 3.40% | $286,000 | N/A |
| 2023-07-12 | $4793.00 | 31.35% | $286,000 | 28.37% |
| 2022-07-12 | $3649.00 | 12.42% | $222,800 | 28.27% |
Listed by: Benjamin Antonelli • Real Broker, LLC
Mls Name: StateWide MLS RI
Mls Provider:
Mls ID: #1388161
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.
