13 Ouellette DriveOrringtonME04474
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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
Rental property for sale in Orrington at 13 Ouellette Drive, Orrington, ME, 04474 generates $2,400/mo in rent, after a $1,933/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 19.06% in year one, and rental yield is 7.29% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 98.47% and total cumulative return in cash sums $128,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04474, Orrington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,407 (76.7%) |
| Renter Occupied HU | 260 (14.2%) |
| Vacant Housing Units | 167 ( 9.1%) |
| Median Home Value | $324,856 |
| Average Home Value | $355,743 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,662
Multi-Family
31
Businesses
56
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