273 Dunn RoadNorwayME04268
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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
Rental property for sale in Norway at 273 Dunn Road, Norway, ME, 04268 generates $3,902/mo in rent and, after a $2,932/mo payment, leaves $121/mo in cash flow. Total monthly income is $3,902/mo, and annual cash flow is $1,457/yr on $197,071 invested. Return on cash invested sits at 20.8% in year one, and rental yield is 7.82% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 107.76% and total cumulative return in cash sums $212,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,902/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04268, Norway, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,971 (100%) |
| Owner Occupied HU | 1,703 (57.3%) |
| Renter Occupied HU | 667 (22.5%) |
| Vacant Housing Units | 601 (20.2%) |
| Median Home Value | $252,934 |
| Average Home Value | $269,796 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,093
Multi-Family
297
Businesses
232
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