9 Spear Hill RoadAnsonME04911
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 Anson at 9 Spear Hill Road, Anson, ME, 04911 priced at $175,000 converts $1,400/mo rent into $295/mo cash flow after a $857/mo obligation. Total monthly income equals $1,400/mo, and annual cash flow totals $3,541/yr on $58,013 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 9.6% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 135.83% and total cumulative return in cash sums $78,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,400/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04911, Anson, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,140 (100%) |
| Owner Occupied HU | 740 (64.9%) |
| Renter Occupied HU | 160 (14.0%) |
| Vacant Housing Units | 240 (21.1%) |
| Median Home Value | $177,344 |
| Average Home Value | $243,139 |
Housing Distribution
Address Breakdown
Residential
758
Single Family
734
Multi-Family
24
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices