1094 State RoadEliotME03903
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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 Eliot at 1094 State Road, Eliot, ME, 03903 listed at $399,999 pairs $2,591/mo rent with a $1,958/mo payment to leave $66/mo cash flow. Total monthly income runs $2,591/mo, and annual cash flow reaches $796/yr on $132,600 cash to close. Return on cash invested measures 20.51% in year one, and rental yield registers 7.77% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 106.25% and total cumulative return in cash totals $140,883. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,591/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
2.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 2,494 (80.8%) |
| Renter Occupied HU | 419 (13.6%) |
| Vacant Housing Units | 172 ( 5.6%) |
| Median Home Value | $606,849 |
| Average Home Value | $638,798 |
Housing Distribution
Address Breakdown
Residential
2,864
Single Family
2,756
Multi-Family
108
Businesses
248
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