123 Front Ridge RoadPenobscotME04476
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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 Penobscot at 123 Front Ridge Road, Penobscot, ME, 04476 offers a 11.08% rental yield on a $195,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $954/mo payment leaves $570/mo available for distribution. Annual cash flow reaches $6,837/yr on $64,643 to close, and return on cash invested stands at 30.49% in year one. Equity gained on principal adds $1,258/yr while 5% annual appreciation supports $53,875 over five years. Portfolio math shows five-year ROI at 159.74% and total cumulative return in cash at $103,258. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $954/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.40 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
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