196 Chase RoadParsonsfieldME04047
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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 Parsonsfield at 196 Chase Road, Parsonsfield, ME, 04047 with 5% annual appreciation on a $549,900 basis while $3,966/mo rent supports operations. Total monthly income totals $3,966/mo and a $2,691/mo payment preserves $496/mo for cash returns. Annual cash flow comes to $5,952/yr on $180,917 deployed, and return on cash invested reaches 23.35% in year one. Equity gained on principal adds $3,548/yr, and five-year appreciation sums $151,927 alongside rental yield of 8.65%. Five-year ROI measures 121.41% and total cumulative return in cash totals $219,650.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,966/mo property income versus a $2,691/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04047, Parsonsfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 691 (56.9%) |
| Renter Occupied HU | 148 (12.2%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $421,679 |
Housing Distribution
Address Breakdown
Residential
817
Single Family
817
Multi-Family
0
Businesses
46
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Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls ID: #1646559