15 South Ridge DriveStandishME04084
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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 Standish at 15 South Ridge Drive, Standish, ME, 04084 generates $3,919/mo in rent and, after a $2,932/mo payment, leaves $138/mo in cash flow. Total monthly income is $3,919/mo, and annual cash flow is $1,661/yr on $197,071 invested. Return on cash invested sits at 20.9% in year one, and rental yield is 7.85% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 108.31% and total cumulative return in cash sums $213,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,919/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04084, Standish, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,123 (100%) |
| Owner Occupied HU | 3,001 (72.8%) |
| Renter Occupied HU | 366 ( 8.9%) |
| Vacant Housing Units | 756 (18.3%) |
| Median Home Value | $432,901 |
| Average Home Value | $451,824 |
Housing Distribution
Address Breakdown
Residential
3,321
Single Family
3,137
Multi-Family
184
Businesses
189
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