Rangeley Johnson Lane UNIT 82RangeleyME04970
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find Rangeley Johnson Lane UNIT 82, Rangeley, ME, 04970 in Rangeley hard to pass up. The 28.24% gross yield on a $114,900 purchase results in $2,704/mo in rent and $1,953/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (5.23). Annual cash flow of $23,441, five-year appreciation of $31,745, and $1,058/yr in equity build-up combine for a projected total cumulative return of $169,502.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 28.2% | 6.2% |
| Monthly Cash Flow | $1,953 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,704 |
| Total Monthly Debt Service | $704 |
| DSCR Ratio | 3.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
1.81 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04970, Rangeley, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 638 (25.0%) |
| Renter Occupied HU | 156 ( 6.1%) |
| Vacant Housing Units | 1,762 (68.9%) |
| Median Home Value | $372,973 |
| Average Home Value | $448,640 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
119
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
Lot
Built in N/A
1.81 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04970, Rangeley, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 638 (25.0%) |
| Renter Occupied HU | 156 ( 6.1%) |
| Vacant Housing Units | 1,762 (68.9%) |
| Median Home Value | $372,973 |
| Average Home Value | $448,640 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Morton & Furbish Agency
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1573610
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