57 Central StreetRandolphME04346
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 Randolph at 57 Central Street, Randolph, ME, 04346 uses $74,588 cash to close to unlock $6,663/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $1,975/mo, and a $1,101/mo payment keeps the spread at $555/mo. Purchase price stands at $225,000, and rental yield measures 10.53% with $1,975/mo rent. Return on cash invested shows 28.84% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 150.95% and total cumulative return in cash records $112,593. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,975/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04346, Randolph, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 609 (66.9%) |
| Renter Occupied HU | 222 (24.4%) |
| Vacant Housing Units | 79 ( 8.7%) |
| Median Home Value | $157,300 |
| Average Home Value | $169,573 |
Housing Distribution
Address Breakdown
Residential
870
Single Family
815
Multi-Family
55
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices