29 River StreetStrongME04983
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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
Investment property for sale in Strong at 29 River Street, Strong, ME, 04983 earns $209/mo cash flow from $1,314/mo rent with a $857/mo payment. Total monthly income totals $1,314/mo, and annual cash flow totals $2,509/yr on $58,013 capital. ROI tracks 24.23% on current figures, and rental yield reads 9.01% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash sums $73,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,314/mo property income instead of your personal income.
Single Family
Built in 1900
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04983, Strong, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 621 (59.9%) |
| Renter Occupied HU | 110 (10.6%) |
| Vacant Housing Units | 305 (29.4%) |
| Median Home Value | $218,846 |
| Average Home Value | $232,174 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
567
Multi-Family
20
Businesses
39
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