3 Balsam Dr Plan, Norway CommonsNorwayME04268
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
Investment property for sale in Norway at 3 Balsam Dr Plan, Norway Commons, Norway, ME, 04268 at $149,995 posts ROI 24.36% with $185/mo cash flow from $1,131/mo rent. Total monthly income equals $1,131/mo, and annual cash flow records $2,214/yr on $49,723 to close. Return on cash invested measures 24.36% and rental yield reads 9.05% at the current $149,995. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,441 by year five. Five-year ROI prints 126.95% and total cumulative return in cash totals $63,124.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,131/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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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