234 White Schoolhouse RoadCorinthME04427
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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 Corinth at 234 White Schoolhouse Road, Corinth, ME, 04427 uses $177,331 cash to close to unlock $509/yr annual cash flow and $42/mo monthly cash flow. Total monthly income runs $3,444/mo, and a $2,638/mo payment keeps the spread at $42/mo. Purchase price stands at $539,000, and rental yield measures 7.67% with $3,444/mo rent. Return on cash invested shows 20.35% in year one, and 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 105.33% and total cumulative return in cash records $186,780. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,444/mo property income covering a $2,638/mo payment rather than investor’s personal income.
Single Family
Built in 2006
26.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04427, Corinth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 978 (76.0%) |
| Renter Occupied HU | 192 (14.9%) |
| Vacant Housing Units | 116 ( 9.0%) |
| Median Home Value | $205,952 |
| Average Home Value | $243,441 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,103
Multi-Family
24
Businesses
54
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