11 Summer StreetSouth ThomastonME04858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Thomaston at 11 Summer Street, South Thomaston, ME, 04858 listed at $489,000 pairs $2,816/mo rent with a $2,393/mo payment. Total monthly income runs $2,816/mo. Return on cash invested measures 17.91% in year one, and rental yield registers 6.91% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 92.31% and total cumulative return in cash totals $149,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,816/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04858, South Thomaston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 619 (61.8%) |
| Renter Occupied HU | 113 (11.3%) |
| Vacant Housing Units | 270 (26.9%) |
| Median Home Value | $416,400 |
| Average Home Value | $463,514 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
31
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Nearby investment properties with comparable prices
Listed by: N/A • Lone Pine Real Estate Company
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1614955
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782