10+12 Railroad AvenueMiloME04463
Nearby investment properties with comparable rents
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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 Milo at 10+12 Railroad Avenue, Milo, ME, 04463 generates $1,440/mo in rent and, after a $759/mo payment, leaves $461/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $5,537/yr on $51,383 invested. Return on cash invested sits at 30.68% in year one, and rental yield is 11.15% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 160.85% and total cumulative return in cash sums $82,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Multi Family
Built in N/A
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04463, Milo, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,004 (50.9%) |
| Renter Occupied HU | 332 (16.8%) |
| Vacant Housing Units | 637 (32.3%) |
| Median Home Value | $113,384 |
| Average Home Value | $200,294 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,320
Multi-Family
81
Businesses
72
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Listed by: N/A • Realty of Maine
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1609795
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782