63 Dexter RoadCorinnaME04928
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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 Corinna at 63 Dexter Road, Corinna, ME, 04928 generates $2,028/mo in rent and, after a $1,077/mo payment, leaves $639/mo in cash flow. Total monthly income is $2,028/mo, and annual cash flow is $7,672/yr on $72,930 invested. Return on cash invested sits at 30.43% in year one, and rental yield is 11.06% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 159.44% and total cumulative return in cash sums $116,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,028/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04928, Corinna, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 753 (68.0%) |
| Renter Occupied HU | 201 (18.1%) |
| Vacant Housing Units | 154 (13.9%) |
| Median Home Value | $206,183 |
| Average Home Value | $254,177 |
Housing Distribution
Address Breakdown
Residential
939
Single Family
939
Multi-Family
0
Businesses
38
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