45 Main StreetDexterME04930
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 Dexter at 45 Main Street, Dexter, ME, 04930 priced at $340,000 converts $2,400/mo rent into $254/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $3,052/yr on $112,710 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 8.47% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 117.55% and total cumulative return in cash sums $132,486. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04930, Dexter, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,511 (57.7%) |
| Renter Occupied HU | 532 (20.3%) |
| Vacant Housing Units | 576 (22.0%) |
| Median Home Value | $232,444 |
| Average Home Value | $328,154 |
Housing Distribution
Address Breakdown
Residential
1,991
Single Family
1,904
Multi-Family
87
Businesses
120
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