233 Marion RdWarehamMA02571
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Wareham at 233 Marion Rd, Wareham, MA, 02571 priced at $230,000 converts $1,537/mo rent into $87/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,537/mo, and annual cash flow totals $1,045/yr on $76,245 invested. Return on cash invested prints 21.28% in year one, and rental yield reads 8.02% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 110.4% and total cumulative return in cash sums $84,175. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,537/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1780
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02571, Wareham, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,074 (100%) |
| Owner Occupied HU | 3,541 (58.3%) |
| Renter Occupied HU | 1,250 (20.6%) |
| Vacant Housing Units | 1,283 (21.1%) |
| Median Home Value | $599,211 |
| Average Home Value | $634,201 |
Housing Distribution
Address Breakdown
Residential
5,176
Single Family
4,820
Multi-Family
356
Businesses
418
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Listed by: Jessica Hancock • Coldwell Banker Realty - Westwood
Mls Name: MLS PIN
Mls ID: #73459428