38 Kansas RdMilbridgeME04658
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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 Milbridge at 38 Kansas Rd, Milbridge, ME, 04658 with 5% annual appreciation on a $175,000 basis while $1,642/mo rent supports operations. Total monthly income totals $1,642/mo and a $857/mo payment preserves $537/mo for cash returns. Annual cash flow comes to $6,445/yr on $58,013 deployed, and return on cash invested reaches 31.02% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.26%. Five-year ROI measures 162.66% and total cumulative return in cash totals $94,363.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,642/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04658, Milbridge, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 477 (52.4%) |
| Renter Occupied HU | 124 (13.6%) |
| Vacant Housing Units | 309 (34.0%) |
| Median Home Value | $253,869 |
| Average Home Value | $279,555 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
486
Multi-Family
54
Businesses
65
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