12 Snare Creek LnJonesportME04649
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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 Jonesport at 12 Snare Creek Ln, Jonesport, ME, 04649 uses $42,299 cash to close to unlock $18,413/yr annual cash flow and $1,534/mo monthly cash flow. Total monthly income runs $2,396/mo, and a $625/mo payment keeps the spread at $1,534/mo. Purchase price stands at $127,600, and rental yield measures 22.53% with $2,396/mo rent. Return on cash invested shows 63.44% in year one, and 5% annual appreciation builds toward $35,254 over five years. Five-year ROI reaches 337.07% and total cumulative return in cash records $142,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,396/mo property income covering a $625/mo payment rather than investor’s personal income.
Single Family
Built in 1988
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04649, Jonesport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 456 (52.9%) |
| Renter Occupied HU | 110 (12.8%) |
| Vacant Housing Units | 296 (34.3%) |
| Median Home Value | $224,375 |
| Average Home Value | $277,226 |
Housing Distribution
Address Breakdown
Residential
363
Single Family
362
Multi-Family
1
Businesses
64
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