146 Tremont RoadBernardME04612
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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 Bernard at 146 Tremont Road, Bernard, ME, 04612 priced at $695,000 pairs $1,920/mo rent with after a $3,402/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 7.12% in year one, and rental yield stands at 3.32% on a $695,000 basis. Equity gained on principal adds $4,485/yr, and 5% annual appreciation accumulates to $192,016 by year five. Five-year ROI measures 34.37% and total cumulative return in cash reaches $78,594. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $3,402/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04612, Bernard, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 286 (51.1%) |
| Renter Occupied HU | 75 (13.4%) |
| Vacant Housing Units | 199 (35.5%) |
| Median Home Value | $372,222 |
| Average Home Value | $449,615 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
20
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