77 Applebee DriveShermanME04776
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 Sherman at 77 Applebee Drive, Sherman, ME, 04776 offers $1,438/mo rent that, after a $781/mo payment, leaves $410/mo cash flow. Total monthly income is $1,438/mo, and annual cash flow is $4,923/yr on $52,874 cash. Return on cash invested measures 29.22% in year one, and rental yield stands at 10.82% at a $159,500 entry. Equity gained on principal adds $1,029/yr while 5% annual appreciation compounds into $44,067 by year five. Five-year ROI records 153.15% and total cumulative return in cash reaches $80,977. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,438/mo property income versus a $781/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
18.80 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04776, Sherman Mills, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 345 (70.7%) |
| Renter Occupied HU | 33 ( 6.8%) |
| Vacant Housing Units | 110 (22.5%) |
| Median Home Value | $166,250 |
| Average Home Value | $210,486 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
261
Multi-Family
12
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Mooers Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1576859
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782