17 Bean RoadMontvilleME04941
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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
Rental property for sale in Montville at 17 Bean Road, Montville, ME, 04941 priced at $359,900 converts $2,029/mo rent into after a $1,762/mo obligation. Total monthly income equals $2,029/mo. Return on cash invested prints 17.47% in year one, and rental yield reads 6.77% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 89.94% and total cumulative return in cash sums $107,306. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,029/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Single Family
Built in 1930
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04941, Freedom, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 714 (71.3%) |
| Renter Occupied HU | 108 (10.8%) |
| Vacant Housing Units | 180 (18.0%) |
| Median Home Value | $266,346 |
| Average Home Value | $289,090 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
800
Multi-Family
0
Businesses
27
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