11 Frost LaneReadfieldME04355
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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 Readfield at 11 Frost Lane, Readfield, ME, 04355 earns $1,243/mo cash flow from $4,234/mo rent with a $2,320/mo payment. Total monthly income totals $4,234/mo, and annual cash flow totals $14,910/yr on $157,131 capital. ROI tracks 29.4% on current figures, and rental yield reads 10.72% at a $474,000 purchase. Equity gained on principal adds $3,059/yr, and 5% annual appreciation supports $130,957 over five years. Five-year ROI reaches 153.9% and total cumulative return in cash sums $241,817. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,234/mo property income instead of your personal income.
Single Family
Built in 1989
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04355, Readfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 1,062 (72.7%) |
| Renter Occupied HU | 95 ( 6.5%) |
| Vacant Housing Units | 304 (20.8%) |
| Median Home Value | $325,666 |
| Average Home Value | $335,372 |
Housing Distribution
Address Breakdown
Residential
939
Single Family
939
Multi-Family
0
Businesses
55
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