156 Route 108NewryME04276
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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 Newry at 156 Route 108, Newry, ME, 04276 generates $1,919/mo in rent and, after a $558/mo payment, leaves $1,112/mo in cash flow. Total monthly income is $1,919/mo, and annual cash flow is $13,345/yr on $37,824 invested. Return on cash invested sits at 55.19% in year one, and rental yield is 20.18% on a $114,100 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation builds toward $31,524 over five years. Five-year ROI reaches 293.34% and total cumulative return in cash sums $110,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04276, Rumford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,222 (100%) |
| Owner Occupied HU | 1,690 (52.5%) |
| Renter Occupied HU | 1,107 (34.4%) |
| Vacant Housing Units | 425 (13.2%) |
| Median Home Value | $128,477 |
| Average Home Value | $191,876 |
Housing Distribution
Address Breakdown
Residential
2,736
Single Family
2,593
Multi-Family
143
Businesses
193
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