Lot 60-004 Merriman DriveBethelME04217
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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 Bethel at Lot 60-004 Merriman Drive, Bethel, ME, 04217 earns $763/mo cash flow from $1,920/mo rent with a $857/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $9,156/yr on $58,013 capital. ROI tracks 35.69% on current figures, and rental yield reads 13.17% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 188.12% and total cumulative return in cash sums $109,135. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Lot
Built in N/A
1.26 Acres lot
$N/A/sqft
$625 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04217, Bethel, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,620 (100%) |
| Owner Occupied HU | 1,184 (45.2%) |
| Renter Occupied HU | 326 (12.4%) |
| Vacant Housing Units | 1,110 (42.4%) |
| Median Home Value | $303,704 |
| Average Home Value | $359,611 |
Housing Distribution
Address Breakdown
Residential
1,204
Single Family
1,150
Multi-Family
54
Businesses
159
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Listed by: N/A • Cassie Mason Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1589630
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782