91 Airport RoadAndoverME04216
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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 Andover at 91 Airport Road, Andover, ME, 04216 listed at $309,900 pairs $1,170/mo rent with a $1,517/mo payment. Total monthly income runs $1,170/mo. Return on cash invested measures 10.73% in year one, and rental yield registers 4.53% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 53.76% and total cumulative return in cash totals $55,224. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,170/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04216, Andover, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 940 (100%) |
| Owner Occupied HU | 319 (33.9%) |
| Renter Occupied HU | 36 ( 3.8%) |
| Vacant Housing Units | 585 (62.2%) |
| Median Home Value | $231,875 |
| Average Home Value | $241,011 |
Housing Distribution
Address Breakdown
Residential
167
Single Family
167
Multi-Family
0
Businesses
23
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