196 Augusta RdBelmontME04952
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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 Belmont at 196 Augusta Rd, Belmont, ME, 04952 priced at $331,700 pairs $2,195/mo rent with $101/mo cash flow after a $1,624/mo payment. Total monthly income equals $2,195/mo, and annual cash flow comes to $1,213/yr on $109,959 invested. Return on cash invested is 21.01% in year one, and rental yield stands at 7.94% on a $331,700 basis. Equity gained on principal adds $2,140/yr, and 5% annual appreciation accumulates to $91,643 by year five. Five-year ROI measures 108.96% and total cumulative return in cash reaches $119,812. For financing, Ziffy Mortgage’s DSCR program evaluates $2,195/mo property income against a $1,624/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1953
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04952, Morrill, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 792 (79.4%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 102 (10.2%) |
| Median Home Value | $256,410 |
| Average Home Value | $283,232 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
829
Multi-Family
0
Businesses
23
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