2 Moose RidgeHanoverME04237
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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 Hanover at 2 Moose Ridge, Hanover, ME, 04237 offers a 0% rental yield on a $1,100,000 purchase with $0/mo rent. 01% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04237, Hanover, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 265 (100%) |
| Owner Occupied HU | 105 (39.6%) |
| Renter Occupied HU | 27 (10.2%) |
| Vacant Housing Units | 133 (50.2%) |
| Median Home Value | $391,667 |
| Average Home Value | $418,690 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
55
Multi-Family
0
Businesses
9
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