370 School StreetWeldME04285
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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
Investment property for sale in Weld at 370 School Street, Weld, ME, 04285 offers a 0% rental yield on a $480,000 purchase with $0/mo rent. 93% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04285, Weld, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 518 (100%) |
| Owner Occupied HU | 157 (30.3%) |
| Renter Occupied HU | 24 ( 4.6%) |
| Vacant Housing Units | 337 (65.1%) |
| Median Home Value | $225,000 |
| Average Home Value | $263,838 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
13
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