58 Starks RoadNew SharonME04955
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
Rental property for sale in New Sharon at 58 Starks Road, New Sharon, ME, 04955 offers $1,356/mo rent that, after a $832/mo payment, leaves $283/mo cash flow. Total monthly income is $1,356/mo, and annual cash flow is $3,398/yr on $56,355 cash. Return on cash invested measures 25.94% in year one, and rental yield stands at 9.57% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 135.4% and total cumulative return in cash reaches $76,305. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,356/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1990
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04955, New Sharon, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 558 (75.7%) |
| Renter Occupied HU | 75 (10.2%) |
| Vacant Housing Units | 104 (14.1%) |
| Median Home Value | $224,648 |
| Average Home Value | $239,126 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
605
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: N/A • Coldwell Banker Sandy River Realty
Mls Name: Maine Listings
Mls ID: #1647420