289 Neck RdBentonME04901
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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 Benton at 289 Neck Rd, Benton, ME, 04901 priced at $447,700 pairs $3,370/mo rent with $545/mo cash flow after a $2,191/mo payment. Total monthly income equals $3,370/mo, and annual cash flow comes to $6,537/yr on $148,413 invested. Return on cash invested is 24.31% in year one, and rental yield stands at 9.03% on a $447,700 basis. Equity gained on principal adds $2,889/yr, and 5% annual appreciation accumulates to $123,691 by year five. Five-year ROI measures 126.61% and total cumulative return in cash reaches $187,912. For financing, Ziffy Mortgage’s DSCR program evaluates $3,370/mo property income against a $2,191/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2008
6.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04901, Waterville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,740 (100%) |
| Owner Occupied HU | 7,081 (55.6%) |
| Renter Occupied HU | 4,624 (36.3%) |
| Vacant Housing Units | 1,035 ( 8.1%) |
| Median Home Value | $219,128 |
| Average Home Value | $243,970 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
10,471
Multi-Family
1,081
Businesses
922
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