53 Village RoadStetsonME04488
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
Investment property for sale in Stetson at 53 Village Road, Stetson, ME, 04488 offers a 10.06% rental yield on a $329,900 purchase with $2,765/mo rent. Total monthly income registers $2,765/mo, and a $1,615/mo payment leaves $683/mo available for distribution. Annual cash flow reaches $8,192/yr on $109,362 to close, and return on cash invested stands at 27.4% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 143.19% and total cumulative return in cash at $156,591. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,765/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
3.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04488, Stetson, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 661 (100%) |
| Owner Occupied HU | 457 (69.1%) |
| Renter Occupied HU | 45 ( 6.8%) |
| Vacant Housing Units | 159 (24.1%) |
| Median Home Value | $262,500 |
| Average Home Value | $277,128 |
Housing Distribution
Address Breakdown
Residential
498
Single Family
492
Multi-Family
6
Businesses
18
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