63 Cedar StreetDover FoxcroftME04426
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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 Dover Foxcroft at 63 Cedar Street, Dover Foxcroft, ME, 04426 uses $46,377 cash to close to unlock $2,482/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,090/mo, and a $685/mo payment keeps the spread at $207/mo. Purchase price stands at $139,900, and rental yield measures 9.35% with $1,090/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 131.74% and total cumulative return in cash records $61,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,090/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1968
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04426, Dover Foxcroft, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,974 (100%) |
| Owner Occupied HU | 1,476 (49.6%) |
| Renter Occupied HU | 546 (18.4%) |
| Vacant Housing Units | 952 (32.0%) |
| Median Home Value | $149,693 |
| Average Home Value | $245,024 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
2,027
Multi-Family
42
Businesses
201
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Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls ID: #1643501