120 Horseback RoadDanforthME04424
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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 Danforth at 120 Horseback Road, Danforth, ME, 04424 priced at $208,000 converts $1,626/mo rent into $313/mo cash flow after a $1,018/mo obligation. Total monthly income equals $1,626/mo, and annual cash flow totals $3,760/yr on $68,952 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 9.38% against a $208,000 entry. Equity gained on principal adds $1,342/yr, while 5% annual appreciation compiles into $57,467 by year five. Five-year ROI reaches 132.3% and total cumulative return in cash sums $91,224. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,626/mo property income covering a $1,018/mo payment, not borrower’s personal income.
Single Family
Built in 2016
5 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • Mooers Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1546038
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782