794 Kingman RoadKingmanME04451
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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 Kingman at 794 Kingman Road, Kingman, ME, 04451 offers $2,224/mo rent that, after a $1,219/mo payment, leaves $652/mo cash flow. Total monthly income is $2,224/mo, and annual cash flow is $7,827/yr on $82,544 cash. Return on cash invested measures 29.39% in year one, and rental yield stands at 10.72% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 153.89% and total cumulative return in cash reaches $127,028. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,224/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
98.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04451, Kingman, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 179 (100%) |
| Owner Occupied HU | 91 (50.8%) |
| Renter Occupied HU | 13 ( 7.3%) |
| Vacant Housing Units | 75 (41.9%) |
| Median Home Value | $126,786 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices