43 Estates Drive #1ManchesterME04351
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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 Manchester at 43 Estates Drive #1, Manchester, ME, 04351 listed at $398,000 pairs $2,596/mo rent with a $1,948/mo payment to leave $84/mo cash flow. Total monthly income runs $2,596/mo, and annual cash flow reaches $1,010/yr on $131,937 cash to close. Return on cash invested measures 20.67% in year one, and rental yield registers 7.83% at a $398,000 basis. Equity gained on principal adds $2,568/yr, and annual property appreciation at 5% supports $109,960 by year five. Five-year ROI tracks 107.13% and total cumulative return in cash totals $141,348. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,596/mo property income relative to a $1,948/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04351, Manchester, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,324 (100%) |
| Owner Occupied HU | 970 (73.3%) |
| Renter Occupied HU | 160 (12.1%) |
| Vacant Housing Units | 194 (14.7%) |
| Median Home Value | $343,089 |
| Average Home Value | $420,402 |
Housing Distribution
Address Breakdown
Residential
1,028
Single Family
972
Multi-Family
56
Businesses
113
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Listed by: N/A • Rizzo Mattson
Mls Name: Maine Listings
Mls ID: #1637115