12 Main StreetPorterME04068
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 Porter at 12 Main Street, Porter, ME, 04068 offers a 9.27% rental yield on a $135,000 purchase with $1,043/mo rent. Total monthly income registers $1,043/mo, and a $661/mo payment leaves $191/mo available for distribution. Annual cash flow reaches $2,289/yr on $44,753 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 130.45% and total cumulative return in cash at $58,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,043/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1840
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04068, Porter, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 586 (63.4%) |
| Renter Occupied HU | 125 (13.5%) |
| Vacant Housing Units | 213 (23.1%) |
| Median Home Value | $254,065 |
| Average Home Value | $252,218 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
10
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