560 Steadmans Landing RoadDover FoxcroftME04426
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 Dover Foxcroft at 560 Steadmans Landing Road, Dover Foxcroft, ME, 04426 offers a 4.08% rental yield on a $249,000 purchase with $846/mo rent. 36% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 46.47% and total cumulative return in cash at $38,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $846/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04426, Dover Foxcroft, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,974 (100%) |
| Owner Occupied HU | 1,476 (49.6%) |
| Renter Occupied HU | 546 (18.4%) |
| Vacant Housing Units | 952 (32.0%) |
| Median Home Value | $149,693 |
| Average Home Value | $245,024 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,027
Multi-Family
42
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Mallett Real Estate, LLC
Mls Name: Maine Listings
Mls ID: #1622018