711 Stetson RoadExeterME04435
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
Rental property for sale in Exeter at 711 Stetson Road, Exeter, ME, 04435 offers $1,768/mo rent that, after a $1,125/mo payment, leaves $317/mo cash flow. Total monthly income is $1,768/mo, and annual cash flow is $3,808/yr on $76,212 cash. Return on cash invested measures 24.91% in year one, and rental yield stands at 9.23% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 129.84% and total cumulative return in cash reaches $98,951. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,768/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
5.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04435, Exeter, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 537 (100%) |
| Owner Occupied HU | 423 (78.8%) |
| Renter Occupied HU | 47 ( 8.8%) |
| Vacant Housing Units | 67 (12.5%) |
| Median Home Value | $279,286 |
| Average Home Value | $267,707 |
Housing Distribution
Address Breakdown
Residential
406
Single Family
406
Multi-Family
0
Businesses
18
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