928 Main RoadWest EnfieldME04493
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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 West Enfield at 928 Main Road, West Enfield, ME, 04493 uses $56,024 cash to close to unlock $2,959/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $1,313/mo, and a $827/mo payment keeps the spread at $247/mo. Purchase price stands at $169,000, and rental yield measures 9.32% with $1,313/mo rent. Return on cash invested shows 25.19% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 131.38% and total cumulative return in cash records $73,603. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,313/mo property income covering a $827/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
28
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Listed by: N/A • Acres Away, Inc.
Mls Name: Maine Listings
Mls ID: #1638436