24 Hazel Lane #24North YarmouthME04097
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Yarmouth at 24 Hazel Lane #24, North Yarmouth, ME, 04097 earns $671/mo cash flow from $5,657/mo rent with a $3,867/mo payment. Total monthly income totals $5,657/mo, and annual cash flow totals $8,050/yr on $259,910 capital. ROI tracks 23.16% on current figures, and rental yield reads 8.59% at a $790,000 purchase. Equity gained on principal adds $5,098/yr, and 5% annual appreciation supports $218,262 over five years. Five-year ROI reaches 120.39% and total cumulative return in cash sums $312,900. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,657/mo property income instead of your personal income.
Condo
Built in 2017
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04097, North Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,629 (100%) |
| Owner Occupied HU | 1,447 (88.8%) |
| Renter Occupied HU | 143 ( 8.8%) |
| Vacant Housing Units | 39 ( 2.4%) |
| Median Home Value | $586,659 |
| Average Home Value | $636,885 |
Housing Distribution
Address Breakdown
Residential
1,653
Single Family
1,653
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Marcia Jansen Real Estate
Mls Name: Maine Listings
Mls ID: #1649594