370 Mccard RoadCorinthME04427
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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 Corinth at 370 Mccard Road, Corinth, ME, 04427 priced at $304,900 pairs $2,170/mo rent with $246/mo cash flow after a $1,492/mo payment. Total monthly income equals $2,170/mo, and annual cash flow comes to $2,953/yr on $101,074 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.54% on a $304,900 basis. Equity gained on principal adds $1,967/yr, and 5% annual appreciation accumulates to $84,238 by year five. Five-year ROI measures 118.71% and total cumulative return in cash reaches $119,990. For financing, Ziffy Mortgage’s DSCR program evaluates $2,170/mo property income against a $1,492/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04427, Corinth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 978 (76.0%) |
| Renter Occupied HU | 192 (14.9%) |
| Vacant Housing Units | 116 ( 9.0%) |
| Median Home Value | $205,952 |
| Average Home Value | $243,441 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,103
Multi-Family
24
Businesses
54
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