8 Clipper LaneStockton SpringsME04981
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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
Investment property for sale in Stockton Springs at 8 Clipper Lane, Stockton Springs, ME, 04981 uses $119,174 cash to close to unlock $3,429/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $2,555/mo, and a $1,760/mo payment keeps the spread at $286/mo. Purchase price stands at $359,500, and rental yield measures 8.53% with $2,555/mo rent. Return on cash invested shows 22.79% in year one, and 5% annual appreciation builds toward $99,323 over five years. Five-year ROI reaches 118.43% and total cumulative return in cash records $141,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,555/mo property income covering a $1,760/mo payment rather than investor’s personal income.
Single Family
Built in 1981
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04981, Stockton Springs, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 934 (68.5%) |
| Renter Occupied HU | 147 (10.8%) |
| Vacant Housing Units | 282 (20.7%) |
| Median Home Value | $264,964 |
| Average Home Value | $316,751 |
Housing Distribution
Address Breakdown
Residential
1,094
Single Family
1,046
Multi-Family
48
Businesses
35
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Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group
Mls Name: Maine Listings
Mls ID: #1640632