801 Tunk Hill RdScituateRI02825
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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
Investment Highlights
Investment property for sale in Scituate at 801 Tunk Hill Rd, Scituate, RI, 02825 offers a 8.34% rental yield on a $515,000 purchase with $3,581/mo rent. Total monthly income registers $3,581/mo, and a $2,521/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,626/yr on $169,435 to close, and return on cash invested stands at 21.61% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 112.37% and total cumulative return in cash at $190,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,581/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
2.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02825, Foster, RI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,089 (100%) |
| Owner Occupied HU | 1,820 (87.1%) |
| Renter Occupied HU | 180 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.3%) |
| Median Home Value | $480,296 |
| Average Home Value | $519,391 |
Housing Distribution
Address Breakdown
Residential
2,076
Single Family
2,076
Multi-Family
0
Businesses
85
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Listed by: The DiSpirito Team • Engel & Volkers Oceanside
Mls Name: StateWide MLS RI
Mls ID: #1400978