39 Deerfield DriveNorth WaterboroME04061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in North Waterboro at 39 Deerfield Drive, North Waterboro, ME, 04061 priced at $109,000 pairs $2,256/mo rent with $1,457/mo cash flow after a $534/mo payment. Total monthly income equals $2,256/mo, and annual cash flow comes to $17,479/yr on $36,134 invested. Return on cash invested is 68.28% in year one, and rental yield stands at 24.84% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 363.81% and total cumulative return in cash reaches $131,458. For financing, Ziffy Mortgage’s DSCR program evaluates $2,256/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
0.50 Acres lot
$N/A/sqft
$111 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04061, North Waterboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,547 (100%) |
| Owner Occupied HU | 1,220 (78.9%) |
| Renter Occupied HU | 90 ( 5.8%) |
| Vacant Housing Units | 237 (15.3%) |
| Median Home Value | $369,110 |
| Average Home Value | $370,359 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
932
Multi-Family
280
Businesses
29
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Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX Realty One
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1597907
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782