11 Redonnett Mill RdBristolME04539
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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 Bristol at 11 Redonnett Mill Rd, Bristol, ME, 04539 generates $2,249/mo in rent, after a $2,283/mo payment. Total monthly income is $2,249/mo. Return on cash invested sits at 14.52% in year one, and rental yield is 5.79% on a $466,500 entry. Equity gained on principal adds $3,010/yr, while 5% annual appreciation builds toward $128,885 over five years. Five-year ROI reaches 74.11% and total cumulative return in cash sums $114,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,249/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 564 (68.6%) |
| Renter Occupied HU | 81 ( 9.9%) |
| Vacant Housing Units | 177 (21.5%) |
| Median Home Value | $396,203 |
| Average Home Value | $489,419 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
33
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