113 Wardwell Point RoadPenobscotME04476
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
Rental property for sale in Penobscot at 113 Wardwell Point Road, Penobscot, ME, 04476 offers $2,530/mo rent that, after a $2,349/mo payment. Total monthly income is $2,530/mo. Return on cash invested measures 16.15% in year one, and rental yield stands at 6.33% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 82.84% and total cumulative return in cash reaches $131,793. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,530/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1820
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04476, Penobscot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 913 (100%) |
| Owner Occupied HU | 547 (59.9%) |
| Renter Occupied HU | 68 ( 7.4%) |
| Vacant Housing Units | 298 (32.6%) |
| Median Home Value | $394,000 |
| Average Home Value | $427,541 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
584
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices