823 Independence KyStonehamME04231
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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 Stoneham at 823 Independence Ky, Stoneham, ME, 04231 at $185,000 posts ROI -2.93% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.93% and rental yield reads 0% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04231, Stoneham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 115 (34.6%) |
| Renter Occupied HU | 20 ( 6.0%) |
| Vacant Housing Units | 197 (59.3%) |
| Median Home Value | $336,111 |
| Average Home Value | $426,239 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
10
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No similar rental properties found nearby.
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