245 Wareham 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
Rental property for sale in Marion at 245 Wareham Rd, Marion, MA, 02738 priced at $740,000 pairs $3,701/mo rent with after a $3,622/mo payment. Total monthly income equals $3,701/mo. Return on cash invested is 15.31% in year one, and rental yield stands at 6% on a $740,000 basis. Equity gained on principal adds $4,775/yr, and 5% annual appreciation accumulates to $204,448 by year five. Five-year ROI measures 78.31% and total cumulative return in cash reaches $190,654. For financing, Ziffy Mortgage’s DSCR program evaluates $3,701/mo property income against a $3,622/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1860
0.44 Acres lot
$N/A/sqft
No 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: Kate Lanagan MacGregor • Bold Real Estate Inc.
Mls Name: MLS PIN
Mls ID: #73448738