149 Airport RdPhillipsME04966
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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 Phillips at 149 Airport Rd, Phillips, ME, 04966 generates $2,450/mo in rent, after a $2,481/mo payment. Total monthly income is $2,450/mo. Return on cash invested sits at 14.67% in year one, and rental yield is 5.8% on a $506,800 entry. Equity gained on principal adds $3,270/yr, while 5% annual appreciation builds toward $140,020 over five years. Five-year ROI reaches 74.9% and total cumulative return in cash sums $124,891. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,450/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04966, Phillips, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 641 (49.2%) |
| Renter Occupied HU | 119 ( 9.1%) |
| Vacant Housing Units | 544 (41.7%) |
| Median Home Value | $217,628 |
| Average Home Value | $257,383 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
647
Multi-Family
20
Businesses
36
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