219 Middle RoadSkowheganME04976
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 Skowhegan at 219 Middle Road, Skowhegan, ME, 04976 offers a 5.72% rental yield on a $720,000 purchase with $3,430/mo rent. 42% in year one. Equity gained on principal adds $4,646/yr while 5% annual appreciation supports $198,923 over five years. Portfolio math shows five-year ROI at 73.51% and total cumulative return in cash at $174,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,430/mo property income against a $3,524/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1800
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04976, Skowhegan, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,990 (100%) |
| Owner Occupied HU | 2,937 (58.9%) |
| Renter Occupied HU | 1,488 (29.8%) |
| Vacant Housing Units | 565 (11.3%) |
| Median Home Value | $191,243 |
| Average Home Value | $232,858 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,330
Multi-Family
229
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices