163 Bemis RoadRangeleyME04970
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 Rangeley at 163 Bemis Road, Rangeley, ME, 04970 offers $1,387/mo rent that, after a $1,272/mo payment. Total monthly income is $1,387/mo. Return on cash invested measures 16.38% in year one, and rental yield stands at 6.4% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 84.11% and total cumulative return in cash reaches $72,466. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,387/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04970, Rangeley, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 638 (25.0%) |
| Renter Occupied HU | 156 ( 6.1%) |
| Vacant Housing Units | 1,762 (68.9%) |
| Median Home Value | $372,973 |
| Average Home Value | $448,640 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
119
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