38 Marlin WaySouth YarmouthMA02664
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
Investment property for sale in South Yarmouth at 38 Marlin Way, South Yarmouth, MA, 02664 offers a 5.07% rental yield on a $559,000 purchase with $2,360/mo rent. 47% in year one. Equity gained on principal adds $3,607/yr while 5% annual appreciation supports $154,441 over five years. Portfolio math shows five-year ROI at 63.07% and total cumulative return in cash at $115,995. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,360/mo property income against a $2,736/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02664, South Yarmouth, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 3,340 (45.1%) |
| Renter Occupied HU | 1,268 (17.1%) |
| Vacant Housing Units | 2,801 (37.8%) |
| Median Home Value | $650,913 |
| Average Home Value | $780,439 |
Housing Distribution
Address Breakdown
Residential
6,454
Single Family
5,964
Multi-Family
490
Businesses
539
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mihaela Miteva • Today Real Estate
Mls Name: CCIMLS
Mls ID: #22505635