17 Cummings Hill RoadTempleME04984
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 Temple at 17 Cummings Hill Road, Temple, ME, 04984 priced at $380,000 pairs $2,942/mo rent with $544/mo cash flow after a $1,860/mo payment. Total monthly income equals $2,942/mo, and annual cash flow comes to $6,524/yr on $125,970 invested. Return on cash invested is 25.09% in year one, and rental yield stands at 9.29% on a $380,000 basis. Equity gained on principal adds $2,452/yr, and 5% annual appreciation accumulates to $104,987 by year five. Five-year ROI measures 130.78% and total cumulative return in cash reaches $164,749. For financing, Ziffy Mortgage’s DSCR program evaluates $2,942/mo property income against a $1,860/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04984, Temple, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 347 (100%) |
| Owner Occupied HU | 232 (66.9%) |
| Renter Occupied HU | 28 ( 8.1%) |
| Vacant Housing Units | 87 (25.1%) |
| Median Home Value | $226,923 |
| Average Home Value | $271,595 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
4
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