14 Clarks Mills Road, Hollis Center, ME, 04042 | $858/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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14 Clarks Mills Road, Hollis Center, ME, 04042 | $858/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hollis Center at 14 Clarks Mills Road, Hollis Center, ME, 04042 offers $3,376/mo rent that, after a $1,953/mo payment, leaves $858/mo cash flow. Total monthly income is $3,376/mo, and annual cash flow is $10,293/yr on $132,269 cash. Return on cash invested measures 27.69% in year one, and rental yield stands at 10.15% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 144.73% and total cumulative return in cash reaches $191,426. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,376/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1912

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

BACK ON THE MARKET at no fault of the home! Step into the timeless charm of this early 1900s New England style home, lovingly maintained and thoughtfully updated. Nestled on a spacious, level lot it offers three bedrooms and two bathrooms. The heart of the home features an open concept kitchen/dining area, utilizing a step-up design that creates a natural flow for entertaining and daily living. The kitchen boasts a striking cathedral ceiling that fills the space with natural light, while the dining area features built-in cabinetry perfect for displaying cherished collections or storing essentials. The living room is equally inviting, with its cozy pellet stove that provides both ambiance and efficient warmth during the colder months. An additional built-in in the living room offers charming storage solutions and a touch of craftsmanship that enhances the home's character. You will also find a bedroom and bathroom downstairs with a classic clawfoot tub, a nod to the home's history and an ideal spot to relax after a long day. Upstairs, discover pumpkin pine floors that exude warmth and invite you to relax and unwind in each bedroom. Enjoy outdoor living on the new front decking or host summer events by the stone firepit area adjoining the expansive yard perfect for games and gardens. Some updates include roofing, electrical, exterior paint, new bulkhead and more. The attached one car garage offers convenience and extra storage, while an additional shed off the garage provides even more space for tools, hobbies, or seasonal items. Situated across the street is a little league field making it perfect for families who love the energy of community activities. Cooks Brook is just a short stroll away and with close proximity to Portland, hiking and ATV trails an adventure is always within reach. Don't miss this opportunity to own a piece of New England history with a home that radiates warmth, welcomes you in and offers space to make memories for years to come.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04042, Hollis Center, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,130 (100%)
Owner Occupied HU	1,779 (83.5%)
Renter Occupied HU	274 (12.9%)
Vacant Housing Units	77 ( 3.6%)
Median Home Value	$426,845
Average Home Value	$510,866