12 Norwood Farms Road #1YorkME03909
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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 York at 12 Norwood Farms Road #1, York, ME, 03909 at $599,000 posts ROI 13.3% with from $2,670/mo rent. Total monthly income equals $2,670/mo. Return on cash invested measures 13.3% and rental yield reads 5.35% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 67.52% and total cumulative return in cash totals $133,066. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1880
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03909, York, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,891 (100%) |
| Owner Occupied HU | 4,276 (54.2%) |
| Renter Occupied HU | 783 ( 9.9%) |
| Vacant Housing Units | 2,832 (35.9%) |
| Median Home Value | $644,778 |
| Average Home Value | $741,313 |
Housing Distribution
Address Breakdown
Residential
4,734
Single Family
4,531
Multi-Family
203
Businesses
474
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