102 Rita Way #102BrunswickME04011
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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 Brunswick at 102 Rita Way #102, Brunswick, ME, 04011 generates $1,549/mo in rent and, after a $1,126/mo payment, leaves $97/mo in cash flow. Total monthly income is $1,549/mo, and annual cash flow is $1,166/yr on $76,245 invested. Return on cash invested sits at 21.44% in year one, and rental yield is 8.08% on a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 111.25% and total cumulative return in cash sums $84,823. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,549/mo property income rather than buyer’s personal income.
Condo
Built in 2005
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04011, Brunswick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,788 (64.2%) |
| Renter Occupied HU | 2,897 (27.4%) |
| Vacant Housing Units | 883 ( 8.4%) |
| Median Home Value | $466,100 |
| Average Home Value | $490,432 |
Housing Distribution
Address Breakdown
Residential
10,296
Single Family
8,410
Multi-Family
1,886
Businesses
1,082
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