14 Converse RdMarionMA02738
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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 Marion at 14 Converse Rd, Marion, MA, 02738 with 5% annual appreciation on a $530,000 basis while $2,834/mo rent supports operations. 49% in year one. Equity gained on principal adds $3,420/yr, and five-year appreciation sums $146,429 alongside rental yield of 6.42%. Five-year ROI measures 84.67% and total cumulative return in cash totals $147,643. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,834/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1928
6,194 sqft lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02738, Marion, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,841 (100%) |
| Owner Occupied HU | 1,788 (62.9%) |
| Renter Occupied HU | 444 (15.6%) |
| Vacant Housing Units | 609 (21.4%) |
| Median Home Value | $742,372 |
| Average Home Value | $952,734 |
Housing Distribution
Address Breakdown
Residential
2,217
Single Family
2,142
Multi-Family
75
Businesses
224
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Listed by: Christopher M. Demakis • Demakis Family Real Estate, Inc.
Mls Name: MLS PIN
Mls ID: #73339068
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