6 Hansen StMars HillME04758
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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
Rental property for sale in Mars Hill at 6 Hansen St, Mars Hill, ME, 04758 generates $1,579/mo in rent, after a $1,297/mo payment. Total monthly income is $1,579/mo. Return on cash invested sits at 18.63% in year one, and rental yield is 7.15% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 96.17% and total cumulative return in cash sums $84,483. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,579/mo property income rather than buyer’s personal income.
Apartment
Built in 1940
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04758, Mars Hill, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 659 (100%) |
| Owner Occupied HU | 431 (65.4%) |
| Renter Occupied HU | 138 (20.9%) |
| Vacant Housing Units | 90 (13.7%) |
| Median Home Value | $176,389 |
| Average Home Value | $228,805 |
Housing Distribution
Address Breakdown
Residential
297
Single Family
245
Multi-Family
52
Businesses
45
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