2 Spring StBethelME04217
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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 Bethel at 2 Spring St, Bethel, ME, 04217 priced at $793,800 converts $5,189/mo rent into $179/mo cash flow after a $3,885/mo obligation. Total monthly income equals $5,189/mo, and annual cash flow totals $2,153/yr on $261,160 invested. Return on cash invested prints 20.88% in year one, and rental yield reads 7.84% against a $793,800 entry. Equity gained on principal adds $5,122/yr, while 5% annual appreciation compiles into $219,312 by year five. Five-year ROI reaches 108.21% and total cumulative return in cash sums $282,593. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,189/mo property income covering a $3,885/mo payment, not borrower’s personal income.
Single Family
Built in 2010
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04217, Bethel, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,184 (45.2%) |
| Renter Occupied HU | 326 (12.4%) |
| Vacant Housing Units | 1,110 (42.4%) |
| Median Home Value | $303,704 |
| Average Home Value | $359,611 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,150
Multi-Family
54
Businesses
159
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