11 Violette StCaribouME04736
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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 Caribou at 11 Violette St, Caribou, ME, 04736 earns $619/mo cash flow from $1,975/mo rent with a $1,052/mo payment. Total monthly income totals $1,975/mo, and annual cash flow totals $7,423/yr on $71,239 capital. ROI tracks 30.33% on current figures, and rental yield reads 11.03% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 158.9% and total cumulative return in cash sums $113,202. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,975/mo property income instead of your personal income.
Single Family
Built in 1996
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04736, Caribou, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,624 (100%) |
| Owner Occupied HU | 2,972 (64.3%) |
| Renter Occupied HU | 1,143 (24.7%) |
| Vacant Housing Units | 509 (11.0%) |
| Median Home Value | $165,876 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
4,025
Single Family
3,779
Multi-Family
246
Businesses
370
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