2 Chickadee LaneRaymondME04071
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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 Raymond at 2 Chickadee Lane, Raymond, ME, 04071 offers $2,227/mo rent that, after a $3,793/mo payment. Total monthly income is $2,227/mo. Return on cash invested measures 7.52% in year one, and rental yield stands at 3.45% at a $774,900 entry. Equity gained on principal adds $5,000/yr while 5% annual appreciation compounds into $214,091 by year five. Five-year ROI records 36.56% and total cumulative return in cash reaches $93,203. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,227/mo property income versus a $3,793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04071, Raymond, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,212 (100%) |
| Owner Occupied HU | 1,975 (46.9%) |
| Renter Occupied HU | 260 ( 6.2%) |
| Vacant Housing Units | 1,977 (46.9%) |
| Median Home Value | $601,147 |
| Average Home Value | $769,292 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,332
Multi-Family
24
Businesses
144
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