7 Susan DriveSteep FallsME04085
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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 Steep Falls at 7 Susan Drive, Steep Falls, ME, 04085 generates $3,342/mo in rent and, after a $2,080/mo payment, leaves $660/mo in cash flow. Total monthly income is $3,342/mo, and annual cash flow is $7,919/yr on $140,888 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.44% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 133.13% and total cumulative return in cash sums $187,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,342/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04085, Steep Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 814 (100%) |
| Owner Occupied HU | 682 (83.8%) |
| Renter Occupied HU | 75 ( 9.2%) |
| Vacant Housing Units | 57 ( 7.0%) |
| Median Home Value | $423,596 |
| Average Home Value | $437,562 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
16
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Listed by: N/A • www.HomeZu.com
Mls Name: Maine Listings
Mls ID: #1637231