123 Center Minot Hill RdMinotME04258
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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 Minot at 123 Center Minot Hill Rd, Minot, ME, 04258 offers $1,906/mo rent that, after a $1,322/mo payment, leaves $202/mo cash flow. Total monthly income is $1,906/mo, and annual cash flow is $2,418/yr on $89,505 cash. Return on cash invested measures 22.61% in year one, and rental yield stands at 8.47% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 117.51% and total cumulative return in cash reaches $105,181. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,906/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1866
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04258, Minot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,135 (100%) |
| Owner Occupied HU | 964 (84.9%) |
| Renter Occupied HU | 105 ( 9.3%) |
| Vacant Housing Units | 66 ( 5.8%) |
| Median Home Value | $355,172 |
| Average Home Value | $391,457 |
Housing Distribution
Address Breakdown
Residential
1,068
Single Family
1,068
Multi-Family
0
Businesses
37
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