39 Simmons LnFriendshipME04547
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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 Friendship at 39 Simmons Ln, Friendship, ME, 04547 offers $3,216/mo rent that, after a $1,016/mo payment, leaves $1,906/mo cash flow. Total monthly income is $3,216/mo, and annual cash flow is $22,871/yr on $68,819 cash. Return on cash invested measures 53.14% in year one, and rental yield stands at 18.59% at a $207,600 entry. Equity gained on principal adds $1,340/yr while 5% annual appreciation compounds into $57,356 by year five. Five-year ROI records 281.21% and total cumulative return in cash reaches $193,530. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,216/mo property income versus a $1,016/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
2.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04547, Friendship, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 464 (49.9%) |
| Renter Occupied HU | 77 ( 8.3%) |
| Vacant Housing Units | 389 (41.8%) |
| Median Home Value | $468,116 |
| Average Home Value | $476,972 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
33
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Listed by: N/A • N/A
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