130 Water StreetRandolphME04346
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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 Randolph at 130 Water Street, Randolph, ME, 04346 priced at $445,000 converts $1,855/mo rent into after a $2,178/mo obligation. Total monthly income equals $1,855/mo. Return on cash invested prints 12.15% in year one, and rental yield reads 5% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 61.42% and total cumulative return in cash sums $90,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,855/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04346, Randolph, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 609 (66.9%) |
| Renter Occupied HU | 222 (24.4%) |
| Vacant Housing Units | 79 ( 8.7%) |
| Median Home Value | $157,300 |
| Average Home Value | $169,573 |
Housing Distribution
Address Breakdown
Residential
870
Single Family
815
Multi-Family
55
Businesses
35
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