245 Salmon Cir LOT 1HartlandME04943
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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 Hartland at 245 Salmon Cir LOT 1, Hartland, ME, 04943 earns from $1,200/mo rent with a $2,814/mo payment. Total monthly income totals $1,200/mo. ROI tracks 4.65% on current figures, and rental yield reads 2.5% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 21.17% and total cumulative return in cash sums $40,055. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Single Family
Built in 1940
36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04943, Hartland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 533 (50.8%) |
| Renter Occupied HU | 158 (15.0%) |
| Vacant Housing Units | 359 (34.2%) |
| Median Home Value | $168,403 |
| Average Home Value | $248,935 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
651
Multi-Family
68
Businesses
27
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