30 Island Falls RoadShermanME04776
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
Rental property for sale in Sherman at 30 Island Falls Road, Sherman, ME, 04776 offers $1,291/mo rent that, after a $822/mo payment, leaves $231/mo cash flow. Total monthly income is $1,291/mo, and annual cash flow is $2,774/yr on $55,659 cash. Return on cash invested measures 24.89% in year one, and rental yield stands at 9.23% at a $167,900 entry. Equity gained on principal adds $1,083/yr while 5% annual appreciation compounds into $46,388 by year five. Five-year ROI records 129.79% and total cumulative return in cash reaches $72,238. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,291/mo property income versus a $822/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04776, Sherman Mills, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 345 (70.7%) |
| Renter Occupied HU | 33 ( 6.8%) |
| Vacant Housing Units | 110 (22.5%) |
| Median Home Value | $166,250 |
| Average Home Value | $210,486 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
261
Multi-Family
12
Businesses
19
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