11 Depot 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
Rental property for sale in Eliot at 11 Depot Road, Eliot, ME, 03903 priced at $1,189,000 pairs $5,514/mo rent with after a $5,820/mo payment. Total monthly income equals $5,514/mo. Return on cash invested is 14.17% in year one, and rental yield stands at 5.57% on a $1,189,000 basis. Equity gained on principal adds $7,672/yr, and 5% annual appreciation accumulates to $328,499 by year five. Five-year ROI measures 72.13% and total cumulative return in cash reaches $277,874. For financing, Ziffy Mortgage’s DSCR program evaluates $5,514/mo property income against a $5,820/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
6.12 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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