19 Frank Savage RoadHollis CenterME04042
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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 Hollis Center at 19 Frank Savage Road, Hollis Center, ME, 04042 uses $95,804 cash to close to unlock $10,531/yr annual cash flow and $878/mo monthly cash flow. Total monthly income runs $2,702/mo, and a $1,415/mo payment keeps the spread at $878/mo. Purchase price stands at $289,000, and rental yield measures 11.22% with $2,702/mo rent. Return on cash invested shows 30.9% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 161.97% and total cumulative return in cash records $155,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,702/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in N/A
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04042, Hollis Center, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,130 (100%) |
| Owner Occupied HU | 1,779 (83.5%) |
| Renter Occupied HU | 274 (12.9%) |
| Vacant Housing Units | 77 ( 3.6%) |
| Median Home Value | $426,845 |
| Average Home Value | $510,866 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
62
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Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls ID: #1642824