944 North RoadParsonsfieldME04047
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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 Parsonsfield at 944 North Road, Parsonsfield, ME, 04047 listed at $350,000 pairs $2,986/mo rent with a $1,713/mo payment to leave $777/mo cash flow. Total monthly income runs $2,986/mo, and annual cash flow reaches $9,326/yr on $116,025 cash to close. Return on cash invested measures 27.95% in year one, and rental yield registers 10.24% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 146.15% and total cumulative return in cash totals $169,574. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,986/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04047, Parsonsfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 691 (56.9%) |
| Renter Occupied HU | 148 (12.2%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $421,679 |
Housing Distribution
Address Breakdown
Residential
817
Single Family
817
Multi-Family
0
Businesses
46
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Listed by: N/A • Maine Real Estate Experts
Mls Name: Maine Listings
Mls ID: #1650409