423 Upper Dedham RoadDedhamME04429
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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 Dedham at 423 Upper Dedham Road, Dedham, ME, 04429 priced at $569,000 converts $3,918/mo rent into $327/mo cash flow after a $2,785/mo obligation. Total monthly income equals $3,918/mo, and annual cash flow totals $3,923/yr on $187,201 invested. Return on cash invested prints 22.16% in year one, and rental yield reads 8.26% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 115.01% and total cumulative return in cash sums $215,303. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,918/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Single Family
Built in 1974
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04429, Holden, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,800 (100%) |
| Owner Occupied HU | 1,885 (67.3%) |
| Renter Occupied HU | 271 ( 9.7%) |
| Vacant Housing Units | 644 (23.0%) |
| Median Home Value | $345,447 |
| Average Home Value | $395,801 |
Housing Distribution
Address Breakdown
Residential
2,186
Single Family
2,139
Multi-Family
47
Businesses
124
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