3 Sunny LaneStockton SpringsME04981
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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 Stockton Springs at 3 Sunny Lane, Stockton Springs, ME, 04981 offers a 8.26% rental yield on a $229,000 purchase with $1,576/mo rent. Total monthly income registers $1,576/mo, and a $1,121/mo payment leaves $131/mo available for distribution. Annual cash flow reaches $1,567/yr on $75,914 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 114.07% and total cumulative return in cash at $86,597. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,576/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04981, Stockton Springs, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 934 (68.5%) |
| Renter Occupied HU | 147 (10.8%) |
| Vacant Housing Units | 282 (20.7%) |
| Median Home Value | $264,964 |
| Average Home Value | $316,751 |
Housing Distribution
Address Breakdown
Residential
1,094
Single Family
1,046
Multi-Family
48
Businesses
35
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Listed by: N/A • Over the Bridge & Beyond Realty
Mls Name: Maine Listings
Mls ID: #1636125