60 Parkwood DriveRandolphME04346
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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 Randolph at 60 Parkwood Drive, Randolph, ME, 04346 uses $72,930 cash to close to unlock $4,432/yr annual cash flow and $369/mo monthly cash flow. Total monthly income runs $1,758/mo, and a $1,077/mo payment keeps the spread at $369/mo. Purchase price stands at $220,000, and rental yield measures 9.59% with $1,758/mo rent. Return on cash invested shows 25.99% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 135.63% and total cumulative return in cash records $98,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,758/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
N/A 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
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