3 Hilltop LaneWest ParisME04289
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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 West Paris at 3 Hilltop Lane, West Paris, ME, 04289 offers a 8.16% rental yield on a $327,670 purchase with $2,228/mo rent. Total monthly income registers $2,228/mo, and a $1,604/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,918/yr on $108,623 to close, and return on cash invested stands at 21.67% in year one. Equity gained on principal adds $2,114/yr while 5% annual appreciation supports $90,529 over five years. Portfolio math shows five-year ROI at 112.47% and total cumulative return in cash at $122,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,228/mo property income against a $1,604/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
1.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04289, West Paris, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 954 (100%) |
| Owner Occupied HU | 643 (67.4%) |
| Renter Occupied HU | 176 (18.4%) |
| Vacant Housing Units | 135 (14.2%) |
| Median Home Value | $222,692 |
| Average Home Value | $260,988 |
Housing Distribution
Address Breakdown
Residential
669
Single Family
642
Multi-Family
27
Businesses
28
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Listed by: N/A • Bearfoot Realty
Mls Name: Maine Listings
Mls ID: #1626409