333 Airport RdNorridgewockME04957
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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 Norridgewock at 333 Airport Rd, Norridgewock, ME, 04957 generates $2,622/mo in rent and, after a $860/mo payment, leaves $1,513/mo in cash flow. Total monthly income is $2,622/mo, and annual cash flow is $18,157/yr on $58,245 invested. Return on cash invested sits at 51.08% in year one, and rental yield is 17.91% on a $175,700 entry. Equity gained on principal adds $1,134/yr, while 5% annual appreciation builds toward $48,543 over five years. Five-year ROI reaches 270.27% and total cumulative return in cash sums $157,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,622/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04957, Norridgewock, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,124 (100%) |
| Owner Occupied HU | 1,548 (72.9%) |
| Renter Occupied HU | 310 (14.6%) |
| Vacant Housing Units | 266 (12.5%) |
| Median Home Value | $216,588 |
| Average Home Value | $241,660 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,461
Multi-Family
34
Businesses
57
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Listed by: N/A • N/A
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