12 Country LaneSouth ThomastonME04858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 South Thomaston at 12 Country Lane, South Thomaston, ME, 04858 earns from $2,160/mo rent with a $3,421/mo payment. Total monthly income totals $2,160/mo. ROI tracks 8.31% on current figures, and rental yield reads 3.71% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 40.79% and total cumulative return in cash sums $93,806. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 1988
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04858, South Thomaston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 619 (61.8%) |
| Renter Occupied HU | 113 (11.3%) |
| Vacant Housing Units | 270 (26.9%) |
| Median Home Value | $416,400 |
| Average Home Value | $463,514 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX JARET & COHN
Mls Name: Maine Listings
Mls ID: #1646934