43 Elm DriveNew VineyardME04956
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 New Vineyard at 43 Elm Drive, New Vineyard, ME, 04956 priced at $390,000 pairs $1,609/mo rent with after a $1,909/mo payment. Total monthly income equals $1,609/mo. Return on cash invested is 12% in year one, and rental yield stands at 4.95% on a $390,000 basis. Equity gained on principal adds $2,517/yr, and 5% annual appreciation accumulates to $107,750 by year five. Five-year ROI measures 60.58% and total cumulative return in cash reaches $78,320. For financing, Ziffy Mortgage’s DSCR program evaluates $1,609/mo property income against a $1,909/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04956, New Vineyard, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 475 (100%) |
| Owner Occupied HU | 273 (57.5%) |
| Renter Occupied HU | 39 ( 8.2%) |
| Vacant Housing Units | 163 (34.3%) |
| Median Home Value | $253,571 |
| Average Home Value | $251,126 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
14
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Nearby investment properties with comparable prices
Listed by: N/A • Coldwell Banker Sandy River Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1632779
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782