15 Worcester DriveRaymondME04071
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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 Raymond at 15 Worcester Drive, Raymond, ME, 04071 priced at $1,250,000 pairs $2,640/mo rent with after a $6,118/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 4.82% in year one, and rental yield stands at 2.53% on a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and 5% annual appreciation accumulates to $345,352 by year five. Five-year ROI measures 21.99% and total cumulative return in cash reaches $89,041. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $6,118/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
2.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04071, Raymond, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,212 (100%) |
| Owner Occupied HU | 1,975 (46.9%) |
| Renter Occupied HU | 260 ( 6.2%) |
| Vacant Housing Units | 1,977 (46.9%) |
| Median Home Value | $601,147 |
| Average Home Value | $769,292 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,332
Multi-Family
24
Businesses
144
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