43 Doane RoadNorridgewockME04957
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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 Norridgewock at 43 Doane Road, Norridgewock, ME, 04957 listed at $174,900 pairs $0/mo rent with a $856/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.94% in year one, and rental yield registers 0% at a $174,900 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,322 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $856/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
11.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04957, Norridgewock, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,124 (100%) |
| Owner Occupied HU | 1,548 (72.9%) |
| Renter Occupied HU | 310 (14.6%) |
| Vacant Housing Units | 266 (12.5%) |
| Median Home Value | $216,588 |
| Average Home Value | $241,660 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,461
Multi-Family
34
Businesses
57
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Listed by: N/A • Your Home Sold Guaranteed Realty
Mls Name: Maine Listings
Mls ID: #1635521