1016 Grindstone RoadStacyvilleME04777
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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
Investment property for sale in Stacyville at 1016 Grindstone Road, Stacyville, ME, 04777 listed at $139,900 pairs $1,400/mo rent with a $685/mo payment to leave $517/mo cash flow. Total monthly income runs $1,400/mo, and annual cash flow reaches $6,202/yr on $46,377 cash to close. Return on cash invested measures 33.28% in year one, and rental yield registers 12.01% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 174.74% and total cumulative return in cash totals $81,039. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,400/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
0.85 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • ERA Dawson-Bradford Co.
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1575613
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782