63 Highfield RoadHopeME04847
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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 Hope at 63 Highfield Road, Hope, ME, 04847 priced at $480,000 converts $0/mo rent into after a $2,349/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.93% in year one, and rental yield reads 0% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 2018
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04847, Hope, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 622 (67.1%) |
| Renter Occupied HU | 89 ( 9.6%) |
| Vacant Housing Units | 216 (23.3%) |
| Median Home Value | $401,802 |
| Average Home Value | $448,971 |
Housing Distribution
Address Breakdown
Residential
727
Single Family
727
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices