55 Mcnelly RoadIsland FallsME04747
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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 Island Falls at 55 Mcnelly Road, Island Falls, ME, 04747 earns from $1,420/mo rent with a $2,154/mo payment. Total monthly income totals $1,420/mo. ROI tracks 8.74% on current figures, and rental yield reads 3.87% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 43.12% and total cumulative return in cash sums $62,890. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,420/mo property income instead of your personal income.
Single Family
Built in 1953
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04747, Island Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 896 (100%) |
| Owner Occupied HU | 456 (50.9%) |
| Renter Occupied HU | 83 ( 9.3%) |
| Vacant Housing Units | 357 (39.8%) |
| Median Home Value | $235,714 |
| Average Home Value | $248,591 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
376
Multi-Family
22
Businesses
34
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Listed by: N/A • Northern Maine Realty, Inc.
Mls Name: Maine Listings
Mls ID: #1641591