15 North StreetDixfieldME04224
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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 Dixfield at 15 North Street, Dixfield, ME, 04224 offers a 8.43% rental yield on a $255,000 purchase with $1,791/mo rent. Total monthly income registers $1,791/mo, and a $1,248/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,181/yr on $84,533 to close, and return on cash invested stands at 22.49% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 116.85% and total cumulative return in cash at $98,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,791/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1911
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04224, Dixfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,453 (100%) |
| Owner Occupied HU | 999 (68.8%) |
| Renter Occupied HU | 233 (16.0%) |
| Vacant Housing Units | 221 (15.2%) |
| Median Home Value | $178,125 |
| Average Home Value | $236,744 |
Housing Distribution
Address Breakdown
Residential
1,115
Single Family
1,081
Multi-Family
34
Businesses
45
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