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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hollis at 37 Joshua Lane, Hollis, ME, 04042 offers $3,256/mo rent that, after a $2,521/mo payment, leaves $5/mo cash flow. Total monthly income is $3,256/mo, and annual cash flow is $65/yr on $169,435 cash. Return on cash invested measures 20.1% in year one, and rental yield stands at 7.59% at a $515,000 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 104% and total cumulative return in cash reaches $176,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,256/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04042, Hollis Center, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,130 (100%) |
| Owner Occupied HU | 1,779 (83.5%) |
| Renter Occupied HU | 274 (12.9%) |
| Vacant Housing Units | 77 ( 3.6%) |
| Median Home Value | $426,845 |
| Average Home Value | $510,866 |
Residential
1,882
Single Family
1,882
Multi-Family
0
Businesses
62
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • The Maine Real Estate Experience
Mls Name: Maine Listings
Mls ID: #1643138
