62 Main StreetDexterME04930
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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 Dexter at 62 Main Street, Dexter, ME, 04930 offers a 12.53% rental yield on a $139,900 purchase with $1,461/mo rent. Total monthly income registers $1,461/mo, and a $685/mo payment leaves $578/mo available for distribution. Annual cash flow reaches $6,934/yr on $46,377 to close, and return on cash invested stands at 34.86% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 183.2% and total cumulative return in cash at $84,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,461/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04930, Dexter, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,511 (57.7%) |
| Renter Occupied HU | 532 (20.3%) |
| Vacant Housing Units | 576 (22.0%) |
| Median Home Value | $232,444 |
| Average Home Value | $328,154 |
Housing Distribution
Address Breakdown
Residential
1,991
Single Family
1,904
Multi-Family
87
Businesses
120
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