308 Garland RoadExeterME04435
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 308 Garland Road, Exeter, ME, 04435 in Exeter. Rental yield 0%. At $205,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $56,638 in new equity by year five, complemented by $1,719/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.8% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Exeter market data in our database. Property projections are estimates.
Manufactured
Built in 2024
5.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04435, Exeter, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 537 (100%) |
| Owner Occupied HU | 423 (78.8%) |
| Renter Occupied HU | 47 ( 8.8%) |
| Vacant Housing Units | 67 (12.5%) |
| Median Home Value | $279,286 |
| Average Home Value | $267,707 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
18
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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
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No similar rental properties found nearby.
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