3390 US Route 2Smyrna MillsME04780
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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
Total monthly income runs $700/mo, and a $605/mo payment. Purchase price stands at $123,600, and rental yield measures 6.8% with $700/mo rent. Return on cash invested shows 17.56% in year one, and 5% annual appreciation builds toward $34,148 over five years. Five-year ROI reaches 90.43% and total cumulative return in cash records $37,053. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $700/mo property income covering a $605/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04780, Smyrna Mills, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 402 (100%) |
| Owner Occupied HU | 235 (58.5%) |
| Renter Occupied HU | 37 ( 9.2%) |
| Vacant Housing Units | 130 (32.3%) |
| Median Home Value | $172,500 |
| Average Home Value | $205,915 |
Housing Distribution
Address Breakdown
Residential
212
Single Family
212
Multi-Family
0
Businesses
14
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Listed by: N/A • True North Realty, Inc.
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1635066
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782