128 N North Howland RoadHowlandME04448
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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 Howland at 128 N North Howland Road, Howland, ME, 04448 priced at $299,000 converts $0/mo rent into after a $1,463/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.93% in year one, and rental yield reads 0% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 2002
7.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04448, Howland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 558 (100%) |
| Owner Occupied HU | 355 (63.6%) |
| Renter Occupied HU | 93 (16.7%) |
| Vacant Housing Units | 110 (19.7%) |
| Median Home Value | $125,735 |
| Average Home Value | $167,514 |
Housing Distribution
Address Breakdown
Residential
180
Single Family
180
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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