425 Saco RoadColumbiaME04623
Nearby investment properties with comparable rents
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 Columbia at 425 Saco Road, Columbia, ME, 04623 priced at $399,500 converts $2,328/mo rent into after a $1,955/mo obligation. Total monthly income equals $2,328/mo. Return on cash invested prints 18.16% in year one, and rental yield reads 6.99% against a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation compiles into $110,374 by year five. Five-year ROI reaches 93.65% and total cumulative return in cash sums $124,023. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,328/mo property income covering a $1,955/mo payment, not borrower’s personal income.
Single Family
Built in 1850
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04623, Columbia Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 370 (61.7%) |
| Renter Occupied HU | 73 (12.2%) |
| Vacant Housing Units | 157 (26.2%) |
| Median Home Value | $156,250 |
| Average Home Value | $197,061 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices