11 Cannard StreetSouth GardinerME04359
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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 South Gardiner at 11 Cannard Street, South Gardiner, ME, 04359 listed at $205,000 pairs $1,985/mo rent with a $1,003/mo payment to leave $692/mo cash flow. Total monthly income runs $1,985/mo, and annual cash flow reaches $8,299/yr on $67,958 cash to close. Return on cash invested measures 32.12% in year one, and rental yield registers 11.62% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 168.5% and total cumulative return in cash totals $114,510. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,985/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04359, South Gardiner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 189 (100%) |
| Owner Occupied HU | 147 (77.8%) |
| Renter Occupied HU | 29 (15.3%) |
| Vacant Housing Units | 13 ( 6.9%) |
| Median Home Value | $220,714 |
| Average Home Value | $237,568 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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Listed by: N/A • Century 21 Venture Ltd.
Mls Name: Maine Listings
Mls ID: #1646346