291 Little Wilson Pond RoadTurnerME04282
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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 Turner at 291 Little Wilson Pond Road, Turner, ME, 04282 priced at $254,900 pairs $2,400/mo rent with $791/mo cash flow after a $1,248/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $9,491/yr on $84,499 invested. Return on cash invested is 31.14% in year one, and rental yield stands at 11.3% on a $254,900 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,424 by year five. Five-year ROI measures 163.23% and total cumulative return in cash reaches $137,928. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04282, Turner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,699 (100%) |
| Owner Occupied HU | 2,055 (76.1%) |
| Renter Occupied HU | 366 (13.6%) |
| Vacant Housing Units | 278 (10.3%) |
| Median Home Value | $343,830 |
| Average Home Value | $356,009 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,210
Multi-Family
24
Businesses
155
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