29 Highland TerMonmouthME04259
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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 Monmouth at 29 Highland Ter, Monmouth, ME, 04259 priced at $454,200 pairs $3,480/mo rent with $614/mo cash flow after a $2,223/mo payment. Total monthly income equals $3,480/mo, and annual cash flow comes to $7,363/yr on $150,567 invested. Return on cash invested is 24.8% in year one, and rental yield stands at 9.19% on a $454,200 basis. Equity gained on principal adds $2,931/yr, and 5% annual appreciation accumulates to $125,487 by year five. Five-year ROI measures 129.23% and total cumulative return in cash reaches $194,572. For financing, Ziffy Mortgage’s DSCR program evaluates $3,480/mo property income against a $2,223/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
6.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04259, Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,137 (66.5%) |
| Renter Occupied HU | 156 ( 9.1%) |
| Vacant Housing Units | 416 (24.3%) |
| Median Home Value | $310,430 |
| Average Home Value | $348,881 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,252
Multi-Family
34
Businesses
72
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