22 Neal LaneBernardME04612
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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 Bernard at 22 Neal Lane, Bernard, ME, 04612 priced at $629,000 converts $2,884/mo rent into after a $3,079/mo obligation. Total monthly income equals $2,884/mo. Return on cash invested prints 13.76% in year one, and rental yield reads 5.5% against a $629,000 entry. Equity gained on principal adds $4,059/yr, while 5% annual appreciation compiles into $173,781 by year five. Five-year ROI reaches 70% and total cumulative return in cash sums $144,861. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,884/mo property income covering a $3,079/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04612, Bernard, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 286 (51.1%) |
| Renter Occupied HU | 75 (13.4%) |
| Vacant Housing Units | 199 (35.5%) |
| Median Home Value | $372,222 |
| Average Home Value | $449,615 |
Housing Distribution
Address Breakdown
Residential
149
Single Family
149
Multi-Family
0
Businesses
20
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