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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Readfield at 39 Chase Road, Readfield, ME, 04355 priced at $275,000 converts $2,208/mo rent into $472/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,208/mo, and annual cash flow totals $5,669/yr on $91,163 invested. Return on cash invested prints 26.13% in year one, and rental yield reads 9.63% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 136.37% and total cumulative return in cash sums $124,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,208/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Manufactured
Built in 2016
3.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04355, Readfield, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 1,062 (72.7%) |
| Renter Occupied HU | 95 ( 6.5%) |
| Vacant Housing Units | 304 (20.8%) |
| Median Home Value | $325,666 |
| Average Home Value | $335,372 |
Residential
939
Single Family
939
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Sold | $275,000 |
| 2025-06-08 | Pending sale | $264,000 |
| 2025-06-06 | Listed for sale | $264,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1929.00 | 36.13% | $136,200 | 9.57% |
| 2022-10-17 | $1417.00 | -23.11% | $124,300 | 6.51% |
| 2021-10-17 | $1843.00 | -3.61% | $116,700 | 7.26% |
Listed by: N/A • The Maine Real Estate Experience
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1625718
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
