29 Sunset DriveSomervilleME04348
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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 Somerville at 29 Sunset Drive, Somerville, ME, 04348 earns from $2,120/mo rent with a $1,835/mo payment. Total monthly income totals $2,120/mo. ROI tracks 17.53% on current figures, and rental yield reads 6.78% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 90.25% and total cumulative return in cash sums $112,191. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,120/mo property income instead of your personal income.
Single Family
Built in 1946
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04348, Jefferson, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,086 (100%) |
| Owner Occupied HU | 1,314 (63.0%) |
| Renter Occupied HU | 170 ( 8.1%) |
| Vacant Housing Units | 602 (28.9%) |
| Median Home Value | $321,451 |
| Average Home Value | $380,525 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,401
Multi-Family
4
Businesses
42
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Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls ID: #1627905