Lot 19 Moody Brook RoadSouth ParisME04281
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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
Rental property for sale in South Paris at Lot 19 Moody Brook Road, South Paris, ME, 04281 priced at $149,900 converts $1,147/mo rent into $201/mo cash flow after a $734/mo obligation. Total monthly income equals $1,147/mo, and annual cash flow totals $2,408/yr on $49,692 invested. Return on cash invested prints 24.75% in year one, and rental yield reads 9.18% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 129.02% and total cumulative return in cash sums $64,115. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,147/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1971
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04281, South Paris, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 1,648 (63.3%) |
| Renter Occupied HU | 756 (29.0%) |
| Vacant Housing Units | 201 ( 7.7%) |
| Median Home Value | $280,588 |
| Average Home Value | $310,649 |
Housing Distribution
Address Breakdown
Residential
2,282
Single Family
2,066
Multi-Family
216
Businesses
175
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Listed by: N/A • Kezar Realty
Mls Name: Maine Listings
Mls ID: #1639854