153 Main StNorth HavenME04853
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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 North Haven at 153 Main St, North Haven, ME, 04853 priced at $220,000 converts $1,578/mo rent into $189/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,578/mo, and annual cash flow totals $2,272/yr on $72,930 invested. Return on cash invested prints 23.02% in year one, and rental yield reads 8.61% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 119.75% and total cumulative return in cash sums $87,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,578/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04853, North Haven, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 141 (26.5%) |
| Renter Occupied HU | 53 ( 10.0%) |
| Vacant Housing Units | 338 (63.5%) |
| Median Home Value | $486,364 |
| Average Home Value | $670,479 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
24
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