23 Bonny Eagle RoadHollis CenterME04042
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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
Investment property for sale in Hollis Center at 23 Bonny Eagle Road, Hollis Center, ME, 04042 uses $82,875 cash to close to unlock $12,886/yr annual cash flow and $1,074/mo monthly cash flow. Total monthly income runs $2,652/mo, and a $1,224/mo payment keeps the spread at $1,074/mo. Purchase price stands at $250,000, and rental yield measures 12.73% with $2,652/mo rent. Return on cash invested shows 35.46% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 186.38% and total cumulative return in cash records $154,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,652/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04042, Hollis Center, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,130 (100%) |
| Owner Occupied HU | 1,779 (83.5%) |
| Renter Occupied HU | 274 (12.9%) |
| Vacant Housing Units | 77 ( 3.6%) |
| Median Home Value | $426,845 |
| Average Home Value | $510,866 |
Housing Distribution
Address Breakdown
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
62
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Listed by: N/A • Maine Real Estate Experts
Mls Name: Maine Listings
Mls ID: #1642599