62 Country Club RoadManchesterME04351
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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 Manchester at 62 Country Club Road, Manchester, ME, 04351 at $389,000 posts ROI 29.33% with $1,012/mo cash flow from $3,467/mo rent. Total monthly income equals $3,467/mo, and annual cash flow records $12,143/yr on $128,954 to close. Return on cash invested measures 29.33% and rental yield reads 10.7% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 153.48% and total cumulative return in cash totals $197,922.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,467/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04351, Manchester, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,324 (100%) |
| Owner Occupied HU | 970 (73.3%) |
| Renter Occupied HU | 160 (12.1%) |
| Vacant Housing Units | 194 (14.7%) |
| Median Home Value | $343,089 |
| Average Home Value | $420,402 |
Housing Distribution
Address Breakdown
Residential
1,028
Single Family
972
Multi-Family
56
Businesses
113
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Listed by: N/A • Brookewood Realty
Mls Name: Maine Listings
Mls ID: #1626816