77 Appleseed DriveTurnerME04282
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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 Turner at 77 Appleseed Drive, Turner, ME, 04282 generates $2,400/mo in rent, after a $4,160/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 7.34% in year one, and rental yield is 3.39% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 35.57% and total cumulative return in cash sums $99,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04282, Turner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,699 (100%) |
| Owner Occupied HU | 2,055 (76.1%) |
| Renter Occupied HU | 366 (13.6%) |
| Vacant Housing Units | 278 (10.3%) |
| Median Home Value | $343,830 |
| Average Home Value | $356,009 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,210
Multi-Family
24
Businesses
155
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