20 Ridge RoadNewryME04217
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Newry at 20 Ridge Road, Newry, ME, 04217 with 5% annual appreciation on a $679,000 basis while $4,548/mo rent supports operations. Total monthly income totals $4,548/mo and a $3,323/mo payment preserves $263/mo for cash returns. Annual cash flow comes to $3,157/yr on $223,391 deployed, and return on cash invested reaches 21.47% in year one. Equity gained on principal adds $4,381/yr, and five-year appreciation sums $187,595 alongside rental yield of 8.04%. Five-year ROI measures 111.37% and total cumulative return in cash totals $248,795.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,548/mo property income versus a $3,323/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
1.75 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices