32 Stoneridge LaneBristolME04539
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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
Rental property for sale in Bristol at 32 Stoneridge Lane, Bristol, ME, 04539 priced at $619,900 pairs $3,505/mo rent with after a $3,034/mo payment. Total monthly income equals $3,505/mo. Return on cash invested is 17.66% in year one, and rental yield stands at 6.78% on a $619,900 basis. Equity gained on principal adds $4,000/yr, and 5% annual appreciation accumulates to $171,267 by year five. Five-year ROI measures 90.93% and total cumulative return in cash reaches $185,456. For financing, Ziffy Mortgage’s DSCR program evaluates $3,505/mo property income against a $3,034/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 564 (68.6%) |
| Renter Occupied HU | 81 ( 9.9%) |
| Vacant Housing Units | 177 (21.5%) |
| Median Home Value | $396,203 |
| Average Home Value | $489,419 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
33
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