176 Millet RoadGarlandME04939
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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 Garland at 176 Millet Road, Garland, ME, 04939 at $499,000 posts ROI 18.09% with from $2,898/mo rent. Total monthly income equals $2,898/mo. Return on cash invested measures 18.09% and rental yield reads 6.97% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 93.26% and total cumulative return in cash totals $154,266. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,898/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04939, Garland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 578 (100%) |
| Owner Occupied HU | 425 (73.5%) |
| Renter Occupied HU | 30 ( 5.2%) |
| Vacant Housing Units | 123 (21.3%) |
| Median Home Value | $230,405 |
| Average Home Value | $272,124 |
Housing Distribution
Address Breakdown
Residential
427
Single Family
427
Multi-Family
0
Businesses
9
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