114 Exchange StreetAshlandME04732
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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 Ashland at 114 Exchange Street, Ashland, ME, 04732 priced at $164,900 converts $1,261/mo rent into $220/mo cash flow after a $807/mo obligation. Total monthly income equals $1,261/mo, and annual cash flow totals $2,645/yr on $54,664 invested. Return on cash invested prints 24.75% in year one, and rental yield reads 9.18% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 129% and total cumulative return in cash sums $70,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,261/mo property income covering a $807/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04732, Ashland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 595 (61.8%) |
| Renter Occupied HU | 116 (12.0%) |
| Vacant Housing Units | 252 (26.2%) |
| Median Home Value | $160,119 |
| Average Home Value | $201,202 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
336
Multi-Family
24
Businesses
78
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