490 Essex StreetDover FoxcroftME04426
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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
Rental property for sale in Dover Foxcroft at 490 Essex Street, Dover Foxcroft, ME, 04426 priced at $235,000 pairs $1,920/mo rent with $437/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $5,245/yr on $77,903 invested. Return on cash invested is 26.64% in year one, and rental yield stands at 9.8% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 139.16% and total cumulative return in cash reaches $108,412. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
2.25 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
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Listed by: N/A • Realty of Maine
Mls Name: Maine Listings
Mls ID: #1634559