20 Mill Stream Road, Readfield, ME, 04355 | $344/mo Cash Flow

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20 Mill Stream Road, Readfield, ME, 04355 | $344/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Readfield at 20 Mill Stream Road, Readfield, ME, 04355 earns $344/mo cash flow from $1,764/mo rent with a $1,101/mo payment. Total monthly income totals $1,764/mo, and annual cash flow totals $4,131/yr on $74,588 capital. ROI tracks 25.45% on current figures, and rental yield reads 9.41% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 132.76% and total cumulative return in cash sums $99,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,764/mo property income instead of your personal income.

Manufactured

Built in 1996

2.96 Acres lot

$N/A/sqft

No HOA

More details about the property

*** OPEN HOUSE - Sunday, Novemeber 16th from 1pm to 2pm *** Nestled in peaceful Readfield, Maine, this double-wide mobile home sits on 2.96 acres and backs up to 50 feet of private stream frontage. The setting blends privacy with nature, lush woods, flowing water, and wide-open skies. Spacious interiors offer flexible living space, while the acreage gives room for gardens, recreation, or expansion. Tranquil retreat close enough for essentials but far enough for serenity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04355, Readfield, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,461 (100%)
Owner Occupied HU	1,062 (72.7%)
Renter Occupied HU	95 ( 6.5%)
Vacant Housing Units	304 (20.8%)
Median Home Value	$325,666
Average Home Value	$335,372