290 Hedman RoadNew SwedenME04762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Sweden at 290 Hedman Road, New Sweden, ME, 04762 offers $2,924/mo rent that, after a $1,542/mo payment, leaves $936/mo cash flow. Total monthly income is $2,924/mo, and annual cash flow is $11,229/yr on $104,423 cash. Return on cash invested measures 30.66% in year one, and rental yield stands at 11.14% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 160.66% and total cumulative return in cash reaches $167,765. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,924/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04762, New Sweden, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 228 (68.7%) |
| Renter Occupied HU | 37 (11.1%) |
| Vacant Housing Units | 67 (20.2%) |
| Median Home Value | $239,773 |
| Average Home Value | $243,717 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
215
Multi-Family
23
Businesses
10
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Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX County
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1617256
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782