1582 Main RoadEnfieldME04493
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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
Investment property for sale in Enfield at 1582 Main Road, Enfield, ME, 04493 uses $79,527 cash to close to unlock $9,242/yr annual cash flow and $770/mo monthly cash flow. Total monthly income runs $2,284/mo, and a $1,174/mo payment keeps the spread at $770/mo. Purchase price stands at $239,900, and rental yield measures 11.42% with $2,284/mo rent. Return on cash invested shows 31.53% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 165.37% and total cumulative return in cash records $131,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,284/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
28
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