152 Silver Ridge RoadKingmanME04451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kingman at 152 Silver Ridge Road, Kingman, ME, 04451 offers a 8.45% rental yield on a $250,000 purchase with $1,760/mo rent. Total monthly income registers $1,760/mo, and a $1,224/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,182/yr on $82,875 to close, and return on cash invested stands at 22.54% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 117.12% and total cumulative return in cash at $97,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,760/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04451, Kingman, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 179 (100%) |
| Owner Occupied HU | 91 (50.8%) |
| Renter Occupied HU | 13 ( 7.3%) |
| Vacant Housing Units | 75 (41.9%) |
| Median Home Value | $126,786 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices