182 Pleasant StreetRichmondME04357
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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 Richmond at 182 Pleasant Street, Richmond, ME, 04357 with 5% annual appreciation on a $382,500 basis while $1,991/mo rent supports operations. 91% in year one. Equity gained on principal adds $2,468/yr, and five-year appreciation sums $105,678 alongside rental yield of 6.25%. Five-year ROI measures 81.57% and total cumulative return in cash totals $103,434. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,991/mo property income versus a $1,872/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1900
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04357, Richmond, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,641 (100%) |
| Owner Occupied HU | 1,121 (68.3%) |
| Renter Occupied HU | 353 (21.5%) |
| Vacant Housing Units | 167 (10.2%) |
| Median Home Value | $254,228 |
| Average Home Value | $307,295 |
Housing Distribution
Address Breakdown
Residential
1,610
Single Family
1,556
Multi-Family
54
Businesses
115
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