1097 Pequawket TrailSteep FallsME04085
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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 Steep Falls at 1097 Pequawket Trail, Steep Falls, ME, 04085 uses $99,450 cash to close to unlock $9,456/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $1,468/mo payment keeps the spread at $788/mo. Purchase price stands at $300,000, and rental yield measures 10.72% with $2,681/mo rent. Return on cash invested shows 29.42% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 153.98% and total cumulative return in cash records $153,132. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04085, Steep Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 814 (100%) |
| Owner Occupied HU | 682 (83.8%) |
| Renter Occupied HU | 75 ( 9.2%) |
| Vacant Housing Units | 57 ( 7.0%) |
| Median Home Value | $423,596 |
| Average Home Value | $437,562 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
16
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Listed by: N/A • FIV Realty Co Maine, LLC
Mls Name: Maine Listings
Mls ID: #1643386