39 Carlton AvenueMexicoME04257
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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 Mexico at 39 Carlton Avenue, Mexico, ME, 04257 with 5% annual appreciation on a $330,000 basis while $2,215/mo rent supports operations. Total monthly income totals $2,215/mo and a $1,615/mo payment preserves $133/mo for cash returns. Annual cash flow comes to $1,590/yr on $109,395 deployed, and return on cash invested reaches 21.36% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 8.05%. Five-year ROI measures 110.82% and total cumulative return in cash totals $121,235.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,215/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1920
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04257, Mexico, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 897 (63.9%) |
| Renter Occupied HU | 356 (25.4%) |
| Vacant Housing Units | 151 (10.8%) |
| Median Home Value | $103,441 |
| Average Home Value | $136,193 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
89
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