63 S Main StreetMorrillME04952
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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 Morrill at 63 S Main Street, Morrill, ME, 04952 generates $2,039/mo in rent and, after a $1,370/mo payment, leaves $272/mo in cash flow. Total monthly income is $2,039/mo, and annual cash flow is $3,268/yr on $92,820 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 8.74% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash sums $113,157. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,039/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04952, Morrill, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 997 (100%) |
| Owner Occupied HU | 792 (79.4%) |
| Renter Occupied HU | 103 (10.3%) |
| Vacant Housing Units | 102 (10.2%) |
| Median Home Value | $256,410 |
| Average Home Value | $283,232 |
Housing Distribution
Address Breakdown
Residential
829
Single Family
829
Multi-Family
0
Businesses
23
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