24 Hill LaneBeddingtonME04622
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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 Beddington at 24 Hill Lane, Beddington, ME, 04622 earns from $1,574/mo rent with a $1,590/mo payment. Total monthly income totals $1,574/mo. ROI tracks 14.6% on current figures, and rental yield reads 5.81% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 74.54% and total cumulative return in cash sums $80,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,574/mo property income instead of your personal income.
Single Family
Built in 1987
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04622, Cherryfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,244 (100%) |
| Owner Occupied HU | 475 (38.2%) |
| Renter Occupied HU | 138 (11.1%) |
| Vacant Housing Units | 631 (50.7%) |
| Median Home Value | $167,092 |
| Average Home Value | $207,532 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
45
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Listed by: N/A • Realty of Maine
Mls Name: Maine Listings
Mls ID: #1638639