Lot 33-01 Kimball Pond RoadNew SharonME04955
Nearby investment properties with comparable rents
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
Rental property for sale in New Sharon at Lot 33-01 Kimball Pond Road, New Sharon, ME, 04955 priced at $112,000 converts $1,890/mo rent into $1,183/mo cash flow after a $548/mo obligation. Total monthly income equals $1,890/mo, and annual cash flow totals $14,200/yr on $37,128 invested. Return on cash invested prints 58.16% in year one, and rental yield reads 20.25% against a $112,000 entry. Equity gained on principal adds $723/yr, while 5% annual appreciation compiles into $30,944 by year five. Five-year ROI reaches 308.19% and total cumulative return in cash sums $114,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $548/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04955, New Sharon, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 558 (75.7%) |
| Renter Occupied HU | 75 (10.2%) |
| Vacant Housing Units | 104 (14.1%) |
| Median Home Value | $224,648 |
| Average Home Value | $239,126 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
605
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: N/A • Coldwell Banker Sandy River Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1620760
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782