4 Tamarack Dr Plan, Norway CommonsNorwayME04268
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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
Investment property for sale in Norway at 4 Tamarack Dr Plan, Norway Commons, Norway, ME, 04268 uses $59,668 cash to close to unlock $10,752/yr annual cash flow and $896/mo monthly cash flow. Total monthly income runs $2,032/mo, and a $881/mo payment keeps the spread at $896/mo. Purchase price stands at $179,995, and rental yield measures 13.55% with $2,032/mo rent. Return on cash invested shows 37.93% in year one, and 5% annual appreciation builds toward $49,729 over five years. Five-year ROI reaches 199.73% and total cumulative return in cash records $119,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,032/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04268, Norway, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,971 (100%) |
| Owner Occupied HU | 1,703 (57.3%) |
| Renter Occupied HU | 667 (22.5%) |
| Vacant Housing Units | 601 (20.2%) |
| Median Home Value | $252,934 |
| Average Home Value | $269,796 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,093
Multi-Family
297
Businesses
232
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