304 Dunn RoadNorwayME04268
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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 304 Dunn Road, Norway, ME, 04268 with 5% annual appreciation on a $320,000 basis while $2,160/mo rent supports operations. Total monthly income totals $2,160/mo and a $1,566/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,688/yr on $106,080 deployed, and return on cash invested reaches 21.5% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 8.1%. Five-year ROI measures 111.55% and total cumulative return in cash totals $118,335.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2001
5 Acres 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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