19 Cunningham LaneMilfordME04461
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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 Milford at 19 Cunningham Lane, Milford, ME, 04461 listed at $395,000 pairs $1,380/mo rent with a $1,933/mo payment. Total monthly income runs $1,380/mo. Return on cash invested measures 9.71% in year one, and rental yield registers 4.19% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 48.34% and total cumulative return in cash totals $63,294. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04461, Milford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,322 (100%) |
| Owner Occupied HU | 954 (72.2%) |
| Renter Occupied HU | 270 (20.4%) |
| Vacant Housing Units | 98 ( 7.4%) |
| Median Home Value | $216,000 |
| Average Home Value | $209,746 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
25
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