168 Bemis Road #4CarmelME04419
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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 Carmel at 168 Bemis Road #4, Carmel, ME, 04419 listed at $239,000 pairs $1,623/mo rent with a $1,170/mo payment to leave $114/mo cash flow. Total monthly income runs $1,623/mo, and annual cash flow reaches $1,373/yr on $79,229 cash to close. Return on cash invested measures 21.64% in year one, and rental yield registers 8.15% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 112.32% and total cumulative return in cash totals $88,992. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,623/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2007
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04419, Carmel, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 929 (74.4%) |
| Renter Occupied HU | 231 (18.5%) |
| Vacant Housing Units | 89 ( 7.1%) |
| Median Home Value | $288,904 |
| Average Home Value | $310,011 |
Housing Distribution
Address Breakdown
Residential
1,186
Single Family
1,186
Multi-Family
0
Businesses
46
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