14 River Village Drive UNIT 14MilfordME04461
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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
Investment property for sale in Milford at 14 River Village Drive UNIT 14, Milford, ME, 04461 with 5% annual appreciation on a $183,500 basis while $2,089/mo rent supports operations. Total monthly income totals $2,089/mo and a $898/mo payment preserves $796/mo for cash returns. Annual cash flow comes to $9,552/yr on $60,830 deployed, and return on cash invested reaches 35.61% in year one. Equity gained on principal adds $1,184/yr, and five-year appreciation sums $50,698 alongside rental yield of 13.66%. Five-year ROI measures 188.25% and total cumulative return in cash totals $114,516.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,089/mo property income versus a $898/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2005
11.79 Acres lot
$N/A/sqft
$135 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04461, Milford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,322 (100%) |
| Owner Occupied HU | 954 (72.2%) |
| Renter Occupied HU | 270 (20.4%) |
| Vacant Housing Units | 98 ( 7.4%) |
| Median Home Value | $216,000 |
| Average Home Value | $209,746 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
25
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Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1586354
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782