974 Sturtevant Hill RoadWinthropME04364
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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
Investment property for sale in Winthrop at 974 Sturtevant Hill Road, Winthrop, ME, 04364 listed at $500,000 pairs $2,632/mo rent with a $2,447/mo payment. Total monthly income runs $2,632/mo. Return on cash invested measures 16.12% in year one, and rental yield registers 6.32% at a $500,000 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 82.68% and total cumulative return in cash totals $137,036. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,632/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04364, Winthrop, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,097 (62.8%) |
| Renter Occupied HU | 585 (17.5%) |
| Vacant Housing Units | 656 (19.7%) |
| Median Home Value | $304,345 |
| Average Home Value | $347,047 |
Housing Distribution
Address Breakdown
Residential
2,747
Single Family
2,716
Multi-Family
31
Businesses
231
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