M8L2 Mountain RoadPattenME04765
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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 Patten at M8L2 Mountain Road, Patten, ME, 04765 generates $0/mo in rent, after a $1,224/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.94% in year one, and rental yield is 0% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
150 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04765, Patten, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 929 (100%) |
| Owner Occupied HU | 426 (45.9%) |
| Renter Occupied HU | 93 (10.0%) |
| Vacant Housing Units | 410 (44.1%) |
| Median Home Value | $213,333 |
| Average Home Value | $259,577 |
Housing Distribution
Address Breakdown
Residential
318
Single Family
283
Multi-Family
35
Businesses
56
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No similar rental properties found nearby.
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