12 Charles StreetMiloME04463
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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 Milo at 12 Charles Street, Milo, ME, 04463 uses $49,692 cash to close to unlock $2,132/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,124/mo, and a $734/mo payment keeps the spread at $178/mo. Purchase price stands at $149,900, and rental yield measures 9% with $1,124/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 126.03% and total cumulative return in cash records $62,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,124/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.72 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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