17 Doris Lane, Parsonsfield, ME, 04047 | $507/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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17 Doris Lane, Parsonsfield, ME, 04047 | $507/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Parsonsfield at 17 Doris Lane, Parsonsfield, ME, 04047 priced at $429,000 converts $3,215/mo rent into $507/mo cash flow after a $2,100/mo obligation. Total monthly income equals $3,215/mo, and annual cash flow totals $6,087/yr on $142,214 invested. Return on cash invested prints 24.19% in year one, and rental yield reads 8.99% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 125.98% and total cumulative return in cash sums $179,161. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,215/mo property income covering a $2,100/mo payment, not borrower’s personal income.

Single Family

Built in 1985

8 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to the only house on 8 acres at the end of a dead end road. Here is the privacy you have been looking for! This 2 bedroom, 2 bath house has all new windows, new heating system and an automatic generator. There is plenty of finished space in the lower level for entertaining and/or creating an office or possibly even a third bedroom. There is even an invisible fence for your pet. Quality speaks through and through from the exterior clapboard to the interior wood flooring. You will love the new feel of the gleaming hardwoods and freshly painted rooms. Tranquility is to be found at the end of this dead end road. The open concept kitchen/living/dining area gives room to entertain. The large screened in porch at the end of the house will give you a place to relax at the end of a long day. The spacious lawn and woods will provide additional outdoor options for relaxing and entertaining. If adventure is something you seek, ATV and snowmobile trails are close by. Schedule your private showing soon!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04047, Parsonsfield, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,214 (100%)
Owner Occupied HU	691 (56.9%)
Renter Occupied HU	148 (12.2%)
Vacant Housing Units	375 (30.9%)
Median Home Value	$375,000
Average Home Value	$421,679