5 Spinnaker LnMarionMA02738
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 Marion at 5 Spinnaker Ln, Marion, MA, 02738 listed at $1,280,000 pairs $3,300/mo rent with a $6,265/mo payment. Total monthly income runs $3,300/mo. Return on cash invested measures 6.57% in year one, and rental yield registers 3.09% at a $1,280,000 basis. Equity gained on principal adds $8,260/yr, and annual property appreciation at 5% supports $353,640 by year five. Five-year ROI tracks 31.39% and total cumulative return in cash totals $130,200. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,300/mo property income relative to a $6,265/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
9,454 sqft 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: Qingtian Ruan • VRG Massachusetts LLC
Mls Name: MLS PIN
Mls ID: #73418890