3 Balsam Dr #9NorwayME04268
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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 Norway at 3 Balsam Dr #9, Norway, ME, 04268 with 5% annual appreciation on a $149,995 basis while $1,145/mo rent supports operations. Total monthly income totals $1,145/mo and a $734/mo payment preserves $199/mo for cash returns. Annual cash flow comes to $2,382/yr on $49,723 deployed, and return on cash invested reaches 24.7% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,441 alongside rental yield of 9.16%. Five-year ROI measures 128.74% and total cumulative return in cash totals $64,012.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,145/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04268, Norway, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,971 (100%) |
| Owner Occupied HU | 1,703 (57.3%) |
| Renter Occupied HU | 667 (22.5%) |
| Vacant Housing Units | 601 (20.2%) |
| Median Home Value | $252,934 |
| Average Home Value | $269,796 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,093
Multi-Family
297
Businesses
232
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