89 Flint LaneNorwayME04268
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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 Norway at 89 Flint Lane, Norway, ME, 04268 at $299,000 posts ROI 19.76% with from $1,874/mo rent. Total monthly income equals $1,874/mo. Return on cash invested measures 19.76% and rental yield reads 7.52% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 102.2% and total cumulative return in cash totals $101,302. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04268, Norway, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,971 (100%) |
| Owner Occupied HU | 1,703 (57.3%) |
| Renter Occupied HU | 667 (22.5%) |
| Vacant Housing Units | 601 (20.2%) |
| Median Home Value | $252,934 |
| Average Home Value | $269,796 |
Housing Distribution
Address Breakdown
Residential
2,390
Single Family
2,093
Multi-Family
297
Businesses
232
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