28 Kimberly StPalmyraME04965
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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 Palmyra at 28 Kimberly St, Palmyra, ME, 04965 generates $1,053/mo in rent, after a $685/mo payment. Total monthly income is $1,053/mo. Return on cash invested sits at 13.95% in year one, and rental yield is 9.03% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 74.81% and total cumulative return in cash sums $34,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,053/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
0.25 Acres lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04965, Palmyra, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 983 (100%) |
| Owner Occupied HU | 727 (74.0%) |
| Renter Occupied HU | 133 (13.5%) |
| Vacant Housing Units | 123 (12.5%) |
| Median Home Value | $171,013 |
| Average Home Value | $211,881 |
Housing Distribution
Address Breakdown
Residential
833
Single Family
833
Multi-Family
0
Businesses
38
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