296 Main Street, Corinth, ME, 04427 | 6.42% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Corinth at 296 Main Street, Corinth, ME, 04427 offers a 6.42% rental yield on a $329,000 purchase with $1,759/mo rent. 42% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 84.28% and total cumulative return in cash at $91,917. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,759/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1963

0.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04427, Corinth, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,286 (100%)
Owner Occupied HU	978 (76.0%)
Renter Occupied HU	192 (14.9%)
Vacant Housing Units	116 ( 9.0%)
Median Home Value	$205,952
Average Home Value	$243,441