774 Troutdale RoadWest ForksME04985
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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 West Forks at 774 Troutdale Road, West Forks, ME, 04985 priced at $299,900 converts $0/mo rent into after a $1,468/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.94% in year one, and rental yield reads 0% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04985, West Forks, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 637 (100%) |
| Owner Occupied HU | 62 ( 9.7%) |
| Renter Occupied HU | 8 ( 1.3%) |
| Vacant Housing Units | 567 (89.0%) |
| Median Home Value | $343,750 |
| Average Home Value | $376,371 |
Housing Distribution
Address Breakdown
Residential
35
Single Family
35
Multi-Family
0
Businesses
27
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No similar rental properties found nearby.
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Listed by: N/A • Your Home Sold Guaranteed Realty
Mls Name: Maine Listings
Mls ID: #1637122