26 Cherry Lane #51BethelME04217
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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 Bethel at 26 Cherry Lane #51, Bethel, ME, 04217 listed at $355,000 pairs $2,466/mo rent with a $1,738/mo payment to leave $225/mo cash flow. Total monthly income runs $2,466/mo, and annual cash flow reaches $2,701/yr on $117,683 cash to close. Return on cash invested measures 22.2% in year one, and rental yield registers 8.34% at a $355,000 basis. Equity gained on principal adds $2,291/yr, and annual property appreciation at 5% supports $98,080 by year five. Five-year ROI tracks 115.35% and total cumulative return in cash totals $135,744. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,466/mo property income relative to a $1,738/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04217, Bethel, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,184 (45.2%) |
| Renter Occupied HU | 326 (12.4%) |
| Vacant Housing Units | 1,110 (42.4%) |
| Median Home Value | $303,704 |
| Average Home Value | $359,611 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,150
Multi-Family
54
Businesses
159
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