65 Snowberry LanePalermoME04354
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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 Palermo at 65 Snowberry Lane, Palermo, ME, 04354 earns $1,040/mo cash flow from $3,565/mo rent with a $1,958/mo payment. Total monthly income totals $3,565/mo, and annual cash flow totals $12,484/yr on $132,600 capital. ROI tracks 29.32% on current figures, and rental yield reads 10.7% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 153.51% and total cumulative return in cash sums $203,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,565/mo property income instead of your personal income.
Single Family
Built in 2022
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04354, Palermo, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 597 (63.2%) |
| Renter Occupied HU | 60 ( 6.3%) |
| Vacant Housing Units | 288 (30.5%) |
| Median Home Value | $332,415 |
| Average Home Value | $353,354 |
Housing Distribution
Address Breakdown
Residential
695
Single Family
695
Multi-Family
0
Businesses
20
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