90 Old Hope Kent RdScituateRI02831
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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
Total monthly income runs $5,237/mo, and a $5,873/mo payment. Purchase price stands at $1,199,900, and rental yield measures 5.24% with $5,237/mo rent. Return on cash invested shows 12.36% in year one, and 5% annual appreciation builds toward $331,510 over five years. Five-year ROI reaches 62.71% and total cumulative return in cash records $243,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,237/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,439
Single Family
1,439
Multi-Family
0
Businesses
98
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Listed by: Tracy Sisson • BHHS Pinnacle Realty
Mls Name: StateWide MLS RI
Mls ID: #1402613