223 Bridge StreetWest NewfieldME04095
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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 West Newfield at 223 Bridge Street, West Newfield, ME, 04095 generates $0/mo in rent, after a $2,829/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.96% in year one, and rental yield is 0% on a $578,000 entry. Equity gained on principal adds $3,730/yr, while 5% annual appreciation builds toward $159,691 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04095, West Newfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 671 (54.3%) |
| Renter Occupied HU | 81 ( 6.6%) |
| Vacant Housing Units | 484 (39.2%) |
| Median Home Value | $363,298 |
| Average Home Value | $445,175 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
19
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No similar rental properties found nearby.
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Listed by: N/A • Summit Real Estate
Mls Name: Maine Listings
Mls ID: #1638898