157 Meadow Brook RdNew PortlandME04961
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
Rental property for sale in New Portland at 157 Meadow Brook Rd, New Portland, ME, 04961 offers $1,506/mo rent that, after a $900/mo payment, leaves $333/mo cash flow. Total monthly income is $1,506/mo, and annual cash flow is $3,999/yr on $60,963 cash. Return on cash invested measures 26.47% in year one, and rental yield stands at 9.83% at a $183,900 entry. Equity gained on principal adds $1,187/yr while 5% annual appreciation compounds into $50,808 by year five. Five-year ROI records 138.33% and total cumulative return in cash reaches $84,329. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,506/mo property income versus a $900/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04961, North New Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 430 (52.8%) |
| Renter Occupied HU | 40 ( 4.9%) |
| Vacant Housing Units | 345 (42.3%) |
| Median Home Value | $167,672 |
| Average Home Value | $197,767 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
11
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Nearby investment properties with comparable prices
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