167 Jordan RoadMechanic FallsME04256
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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 Mechanic Falls at 167 Jordan Road, Mechanic Falls, ME, 04256 with 5% annual appreciation on a $385,000 basis while $3,060/mo rent supports operations. Total monthly income totals $3,060/mo and a $1,884/mo payment preserves $631/mo for cash returns. Annual cash flow comes to $7,567/yr on $127,628 deployed, and return on cash invested reaches 25.84% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 9.54%. Five-year ROI measures 134.8% and total cumulative return in cash totals $172,042.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,060/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04256, Mechanic Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,370 (100%) |
| Owner Occupied HU | 983 (71.8%) |
| Renter Occupied HU | 313 (22.8%) |
| Vacant Housing Units | 74 ( 5.4%) |
| Median Home Value | $243,531 |
| Average Home Value | $264,845 |
Housing Distribution
Address Breakdown
Residential
1,359
Single Family
1,309
Multi-Family
50
Businesses
70
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Listed by: N/A • Maine Source Realty
Mls Name: Maine Listings
Mls ID: #1633314