19 Hight StreetCherryfieldME04622
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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 Cherryfield at 19 Hight Street, Cherryfield, ME, 04622 priced at $269,000 pairs $0/mo rent with after a $1,317/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.94% in year one, and rental yield stands at 0% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04622, Cherryfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 475 (38.2%) |
| Renter Occupied HU | 138 (11.1%) |
| Vacant Housing Units | 631 (50.7%) |
| Median Home Value | $167,092 |
| Average Home Value | $207,532 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
45
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No similar rental properties found nearby.
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Listed by: N/A • Drop Anchor Realty, LLC
Mls Name: Maine Listings
Mls ID: #1639207