25 Quarry RdSteubenME04680
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 Steuben at 25 Quarry Rd, Steuben, ME, 04680 with 5% annual appreciation on a $129,300 basis while $1,940/mo rent supports operations. Total monthly income totals $1,940/mo and a $633/mo payment preserves $1,097/mo for cash returns. Annual cash flow comes to $13,163/yr on $42,863 deployed, and return on cash invested reaches 50.62% in year one. Equity gained on principal adds $834/yr, and five-year appreciation sums $35,723 alongside rental yield of 18%. Five-year ROI measures 267.95% and total cumulative return in cash totals $114,851.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,940/mo property income versus a $633/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in 1973
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04680, Steuben, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 845 (100%) |
| Owner Occupied HU | 431 (51.0%) |
| Renter Occupied HU | 66 ( 7.8%) |
| Vacant Housing Units | 348 (41.2%) |
| Median Home Value | $241,964 |
| Average Home Value | $291,189 |
Housing Distribution
Address Breakdown
Residential
537
Single Family
537
Multi-Family
0
Businesses
32
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