350 High Meadow RoadPerhamME04766
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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 Perham at 350 High Meadow Road, Perham, ME, 04766 priced at $385,900 converts $0/mo rent into after a $1,889/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.94% in year one, and rental yield reads 0% against a $385,900 entry. Equity gained on principal adds $2,490/yr, while 5% annual appreciation compiles into $106,617 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,889/mo payment, not borrower’s personal income.
Single Family
Built in 1999
44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04766, Perham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 212 (100%) |
| Owner Occupied HU | 150 (70.8%) |
| Renter Occupied HU | 21 ( 9.9%) |
| Vacant Housing Units | 41 (19.3%) |
| Median Home Value | $280,769 |
| Average Home Value | $328,683 |
Housing Distribution
Address Breakdown
Residential
157
Single Family
157
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices