7 Hazen StNorwayME04268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Norway at 7 Hazen St, Norway, ME, 04268 offers a 9.96% rental yield on a $212,300 purchase with $1,762/mo rent. Total monthly income registers $1,762/mo, and a $1,039/mo payment leaves $422/mo available for distribution. Annual cash flow reaches $5,067/yr on $70,377 to close, and return on cash invested stands at 27.11% in year one. Equity gained on principal adds $1,370/yr while 5% annual appreciation supports $58,655 over five years. Portfolio math shows five-year ROI at 141.67% and total cumulative return in cash at $99,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,762/mo property income against a $1,039/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04268, Norway, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,971 (100%) |
| Owner Occupied HU | 1,703 (57.3%) |
| Renter Occupied HU | 667 (22.5%) |
| Vacant Housing Units | 601 (20.2%) |
| Median Home Value | $252,934 |
| Average Home Value | $269,796 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,093
Multi-Family
297
Businesses
232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices