456 Main RoadCharlestonME04422
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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 Charleston at 456 Main Road, Charleston, ME, 04422 at $285,000 posts ROI 23.61% with $291/mo cash flow from $2,090/mo rent. Total monthly income equals $2,090/mo, and annual cash flow records $3,495/yr on $94,478 to close. Return on cash invested measures 23.61% and rental yield reads 8.8% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 122.87% and total cumulative return in cash totals $116,082.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,090/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04422, Charleston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 408 (68.0%) |
| Renter Occupied HU | 115 (19.2%) |
| Vacant Housing Units | 77 (12.8%) |
| Median Home Value | $301,205 |
| Average Home Value | $419,896 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
461
Multi-Family
16
Businesses
15
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Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls ID: #1637653