4 Shore RoadHopeME04847
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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
Rental property for sale in Hope at 4 Shore Road, Hope, ME, 04847 priced at $659,000 pairs $2,129/mo rent with after a $3,225/mo payment. Total monthly income equals $2,129/mo. Return on cash invested is 8.83% in year one, and rental yield stands at 3.88% on a $659,000 basis. Equity gained on principal adds $4,252/yr, and 5% annual appreciation accumulates to $182,070 by year five. Five-year ROI measures 43.55% and total cumulative return in cash reaches $94,423. For financing, Ziffy Mortgage’s DSCR program evaluates $2,129/mo property income against a $3,225/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04847, Hope, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 622 (67.1%) |
| Renter Occupied HU | 89 ( 9.6%) |
| Vacant Housing Units | 216 (23.3%) |
| Median Home Value | $401,802 |
| Average Home Value | $448,971 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
16
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