701 Route 202North MonmouthME04265
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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 North Monmouth at 701 Route 202, North Monmouth, ME, 04265 earns from $0/mo rent with a $1,287/mo payment. Total monthly income totals $0/mo. ROI tracks -2.93% on current figures, and rental yield reads 0% at a $263,000 purchase. Equity gained on principal adds $1,697/yr, and 5% annual appreciation supports $72,662 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04265, North Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 397 (77.7%) |
| Renter Occupied HU | 34 ( 6.7%) |
| Vacant Housing Units | 80 (15.7%) |
| Median Home Value | $232,955 |
| Average Home Value | $231,713 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
21
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No similar rental properties found nearby.
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Listed by: Richard Keenan • Keenan Auction Company, Inc.
Mls Name: My State MLS
Mls ID: #11492041