640 Lower Street, Turner, ME, 04282 | $664/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Turner at 640 Lower Street, Turner, ME, 04282 earns $664/mo cash flow from $2,400/mo rent with a $1,346/mo payment. Total monthly income totals $2,400/mo, and annual cash flow totals $7,973/yr on $91,163 capital. ROI tracks 28.65% on current figures, and rental yield reads 10.47% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 149.93% and total cumulative return in cash sums $136,679. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.

Single Family

Built in 1890

4 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04282, Turner, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,699 (100%)
Owner Occupied HU	2,055 (76.1%)
Renter Occupied HU	366 (13.6%)
Vacant Housing Units	278 (10.3%)
Median Home Value	$343,830
Average Home Value	$356,009