29 Old Meadows RoadVassalboroME04989
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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 Vassalboro at 29 Old Meadows Road, Vassalboro, ME, 04989 priced at $164,900 pairs $1,620/mo rent with $579/mo cash flow after a $807/mo payment. Total monthly income equals $1,620/mo, and annual cash flow comes to $6,953/yr on $54,664 invested. Return on cash invested is 32.63% in year one, and rental yield stands at 11.79% on a $164,900 basis. Equity gained on principal adds $1,064/yr, and 5% annual appreciation accumulates to $45,559 by year five. Five-year ROI measures 171.26% and total cumulative return in cash reaches $93,616. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,654 (72.4%) |
| Renter Occupied HU | 326 (14.3%) |
| Vacant Housing Units | 306 (13.4%) |
| Median Home Value | $265,233 |
| Average Home Value | $286,267 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,860
Multi-Family
13
Businesses
29
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Listed by: N/A • Homestead Realty
Mls Name: Maine Listings
Mls ID: #1649153