229 Choate Road, Montville, ME, 04941 | 4.94% Rental Yield

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 Montville at 229 Choate Road, Montville, ME, 04941 offers a 4.94% rental yield on a $572,500 purchase with $2,358/mo rent. 06% in year one. Equity gained on principal adds $3,694/yr while 5% annual appreciation supports $158,171 over five years. Portfolio math shows five-year ROI at 60.9% and total cumulative return in cash at $114,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,358/mo property income against a $2,802/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1835

31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04941, Freedom, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,002 (100%)
Owner Occupied HU	714 (71.3%)
Renter Occupied HU	108 (10.8%)
Vacant Housing Units	180 (18.0%)
Median Home Value	$266,346
Average Home Value	$289,090