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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Penobscot at 1057 Castine Rd, Penobscot, ME, 04476 offers $2,010/mo rent that, after a $620/mo payment, leaves $1,211/mo cash flow. Total monthly income is $2,010/mo, and annual cash flow is $14,528/yr on $41,968 cash. Return on cash invested measures 54.53% in year one, and rental yield stands at 19.05% at a $126,600 entry. Equity gained on principal adds $817/yr while 5% annual appreciation compounds into $34,977 by year five. Five-year ROI records 288.69% and total cumulative return in cash reaches $121,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,010/mo property income versus a $620/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04476, Penobscot, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 913 (100%) |
| Owner Occupied HU | 547 (59.9%) |
| Renter Occupied HU | 68 ( 7.4%) |
| Vacant Housing Units | 298 (32.6%) |
| Median Home Value | $394,000 |
| Average Home Value | $427,541 |
Residential
584
Single Family
584
Multi-Family
0
Businesses
27
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Listing removed | $285,000 |
| 2023-10-31 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-29 | $1323.00 | 5.33% | $126,600 | 14.88% |
| 2022-10-29 | $1256.00 | 5.55% | $110,200 | N/A |
| 2021-10-29 | $1190.00 | N/A | $110,200 | N/A |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
