89 Shaw RoadRaymondME04071
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Raymond at 89 Shaw Road, Raymond, ME, 04071 priced at $615,000 converts $2,640/mo rent into after a $3,010/mo obligation. Total monthly income equals $2,640/mo. Return on cash invested prints 12.7% in year one, and rental yield reads 5.15% against a $615,000 entry. Equity gained on principal adds $3,969/yr, while 5% annual appreciation compiles into $169,913 by year five. Five-year ROI reaches 64.3% and total cumulative return in cash sums $130,097. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $3,010/mo payment, not borrower’s personal income.
Single Family
Built in 1974
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04071, Raymond, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,212 (100%) |
| Owner Occupied HU | 1,975 (46.9%) |
| Renter Occupied HU | 260 ( 6.2%) |
| Vacant Housing Units | 1,977 (46.9%) |
| Median Home Value | $601,147 |
| Average Home Value | $769,292 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,332
Multi-Family
24
Businesses
144
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices