501 Knox StreetRumfordME04276
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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 Rumford at 501 Knox Street, Rumford, ME, 04276 at $144,900 posts ROI 32.29% with $496/mo cash flow from $1,410/mo rent. Total monthly income equals $1,410/mo, and annual cash flow records $5,949/yr on $48,034 to close. Return on cash invested measures 32.29% and rental yield reads 11.68% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 169.41% and total cumulative return in cash totals $81,373.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,410/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1850
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04276, Rumford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,222 (100%) |
| Owner Occupied HU | 1,690 (52.5%) |
| Renter Occupied HU | 1,107 (34.4%) |
| Vacant Housing Units | 425 (13.2%) |
| Median Home Value | $128,477 |
| Average Home Value | $191,876 |
Housing Distribution
Address Breakdown
Residential
2,736
Single Family
2,593
Multi-Family
143
Businesses
193
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