497 N Parish RoadTurnerME04282
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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 Turner at 497 N Parish Road, Turner, ME, 04282 offers a 6.03% rental yield on a $679,000 purchase with $3,412/mo rent. 37% in year one. Equity gained on principal adds $4,381/yr while 5% annual appreciation supports $187,595 over five years. Portfolio math shows five-year ROI at 78.65% and total cumulative return in cash at $175,691. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,412/mo property income against a $3,323/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1830
6.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04282, Turner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,699 (100%) |
| Owner Occupied HU | 2,055 (76.1%) |
| Renter Occupied HU | 366 (13.6%) |
| Vacant Housing Units | 278 (10.3%) |
| Median Home Value | $343,830 |
| Average Home Value | $356,009 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,210
Multi-Family
24
Businesses
155
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