186 S South Arm RoadAndoverME04216
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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 Andover at 186 S South Arm Road, Andover, ME, 04216 priced at $139,000 pairs $1,170/mo rent with $293/mo cash flow after a $680/mo payment. Total monthly income equals $1,170/mo, and annual cash flow comes to $3,517/yr on $46,079 invested. Return on cash invested is 27.54% in year one, and rental yield stands at 10.1% on a $139,000 basis. Equity gained on principal adds $897/yr, and 5% annual appreciation accumulates to $38,403 by year five. Five-year ROI measures 144.03% and total cumulative return in cash reaches $66,368. For financing, Ziffy Mortgage’s DSCR program evaluates $1,170/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04216, Andover, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 319 (33.9%) |
| Renter Occupied HU | 36 ( 3.8%) |
| Vacant Housing Units | 585 (62.2%) |
| Median Home Value | $231,875 |
| Average Home Value | $241,011 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
23
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