23 Mclaughlin TerraceRandolphME04346
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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 Randolph at 23 Mclaughlin Terrace, Randolph, ME, 04346 listed at $295,000 pairs $2,628/mo rent with a $1,444/mo payment to leave $766/mo cash flow. Total monthly income runs $2,628/mo, and annual cash flow reaches $9,193/yr on $97,793 cash to close. Return on cash invested measures 29.31% in year one, and rental yield registers 10.69% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 153.46% and total cumulative return in cash totals $150,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,628/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04346, Randolph, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 609 (66.9%) |
| Renter Occupied HU | 222 (24.4%) |
| Vacant Housing Units | 79 ( 8.7%) |
| Median Home Value | $157,300 |
| Average Home Value | $169,573 |
Housing Distribution
Address Breakdown
Residential
870
Single Family
815
Multi-Family
55
Businesses
35
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