1977 Route 106LeedsME04263
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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 Leeds at 1977 Route 106, Leeds, ME, 04263 generates $1,264/mo in rent and, after a $808/mo payment, leaves $222/mo in cash flow. Total monthly income is $1,264/mo, and annual cash flow is $2,667/yr on $54,698 invested. Return on cash invested sits at 24.78% in year one, and rental yield is 9.19% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 129.2% and total cumulative return in cash sums $70,667. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,264/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04263, Leeds, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,047 (100%) |
| Owner Occupied HU | 783 (74.8%) |
| Renter Occupied HU | 115 (11.0%) |
| Vacant Housing Units | 149 (14.2%) |
| Median Home Value | $346,078 |
| Average Home Value | $346,769 |
Housing Distribution
Address Breakdown
Residential
950
Single Family
928
Multi-Family
22
Businesses
28
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