176 Merrill CornerBrownfieldME04010
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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 Brownfield at 176 Merrill Corner, Brownfield, ME, 04010 offers $3,517/mo rent that, after a $3,177/mo payment. Total monthly income is $3,517/mo. Return on cash invested measures 16.8% in year one, and rental yield stands at 6.5% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 86.32% and total cumulative return in cash reaches $184,308. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,517/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
11.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04010, Brownfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 657 (64.2%) |
| Renter Occupied HU | 96 ( 9.4%) |
| Vacant Housing Units | 271 (26.5%) |
| Median Home Value | $335,309 |
| Average Home Value | $368,592 |
Housing Distribution
Address Breakdown
Residential
653
Single Family
653
Multi-Family
0
Businesses
39
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Listed by: N/A • Oberg Insurance & Real Estate Agency, Inc.
Mls Name: Maine Listings
Mls ID: #1635337