46 Cedar StreetDover FoxcroftME04426
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 Dover Foxcroft at 46 Cedar Street, Dover Foxcroft, ME, 04426 offers $846/mo rent that, after a $1,052/mo payment. Total monthly income is $846/mo. Return on cash invested measures 11.31% in year one, and rental yield stands at 4.72% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 56.94% and total cumulative return in cash reaches $40,585. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $846/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04426, Dover Foxcroft, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,974 (100%) |
| Owner Occupied HU | 1,476 (49.6%) |
| Renter Occupied HU | 546 (18.4%) |
| Vacant Housing Units | 952 (32.0%) |
| Median Home Value | $149,693 |
| Average Home Value | $245,024 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,027
Multi-Family
42
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Mallett Real Estate, LLC
Mls Name: Maine Listings
Mls ID: #1647307