511 North Bend RoadSurryME04684
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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 Surry at 511 North Bend Road, Surry, ME, 04684 generates $1,942/mo in rent and, after a $954/mo payment, leaves $712/mo in cash flow. Total monthly income is $1,942/mo, and annual cash flow is $8,541/yr on $64,643 invested. Return on cash invested sits at 33.12% in year one, and rental yield is 11.95% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 173.85% and total cumulative return in cash sums $112,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,942/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04684, Surry, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,234 (100%) |
| Owner Occupied HU | 660 (53.5%) |
| Renter Occupied HU | 116 ( 9.4%) |
| Vacant Housing Units | 458 (37.1%) |
| Median Home Value | $435,870 |
| Average Home Value | $515,102 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
34
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