14 Top Hill RoadBridgtonME04009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bridgton at 14 Top Hill Road, Bridgton, ME, 04009 priced at $285,000 converts $1,997/mo rent into $198/mo cash flow after a $1,395/mo obligation. Total monthly income equals $1,997/mo, and annual cash flow totals $2,379/yr on $94,478 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 8.41% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 116.54% and total cumulative return in cash sums $110,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,997/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04009, Bridgton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,009 (44.6%) |
| Renter Occupied HU | 560 (12.4%) |
| Vacant Housing Units | 1,938 (43.0%) |
| Median Home Value | $365,534 |
| Average Home Value | $433,464 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,811
Multi-Family
112
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices