4 Snowcross Lane #4KingfieldME04947
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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 Kingfield at 4 Snowcross Lane #4, Kingfield, ME, 04947 priced at $1,775,000 converts $7,397/mo rent into after a $8,688/mo obligation. Total monthly income equals $7,397/mo. Return on cash invested prints 12.43% in year one, and rental yield reads 5% against a $1,775,000 entry. Equity gained on principal adds $11,454/yr, while 5% annual appreciation compiles into $490,400 by year five. Five-year ROI reaches 62.8% and total cumulative return in cash sums $361,150. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,397/mo property income covering a $8,688/mo payment, not borrower’s personal income.
Condo
Built in 2025
11.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04947, Kingfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,099 (100%) |
| Owner Occupied HU | 782 (25.2%) |
| Renter Occupied HU | 148 ( 4.8%) |
| Vacant Housing Units | 2,169 (70.0%) |
| Median Home Value | $288,258 |
| Average Home Value | $327,462 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
821
Multi-Family
40
Businesses
123
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