387 Exeter 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
Investment property for sale in Corinth at 387 Exeter Road, Corinth, ME, 04427 listed at $484,000 pairs $3,648/mo rent with a $2,369/mo payment to leave $593/mo cash flow. Total monthly income runs $3,648/mo, and annual cash flow reaches $7,120/yr on $160,446 cash to close. Return on cash invested measures 24.35% in year one, and rental yield registers 9.04% at a $484,000 basis. Equity gained on principal adds $3,123/yr, and annual property appreciation at 5% supports $133,720 by year five. Five-year ROI tracks 126.82% and total cumulative return in cash totals $203,472. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,648/mo property income relative to a $2,369/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
2.55 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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