7 Pleasant Street #6,7,8MexicoME04257
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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 Mexico at 7 Pleasant Street #6,7,8, Mexico, ME, 04257 generates $1,901/mo in rent and, after a $905/mo payment, leaves $734/mo in cash flow. Total monthly income is $1,901/mo, and annual cash flow is $8,807/yr on $61,328 invested. Return on cash invested sits at 34.27% in year one, and rental yield is 12.33% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 180% and total cumulative return in cash sums $110,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,901/mo property income rather than buyer’s personal income.
Multi Family
Built in 1989
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04257, Mexico, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 897 (63.9%) |
| Renter Occupied HU | 356 (25.4%) |
| Vacant Housing Units | 151 (10.8%) |
| Median Home Value | $103,441 |
| Average Home Value | $136,193 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
89
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