14 Crestmont CirclePresque IsleME04769
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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 Presque Isle at 14 Crestmont Circle, Presque Isle, ME, 04769 generates $1,029/mo in rent and, after a $661/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,029/mo, and annual cash flow is $2,121/yr on $44,753 invested. Return on cash invested sits at 24.65% in year one, and rental yield is 9.15% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 128.44% and total cumulative return in cash sums $57,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,029/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04769, Presque Isle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,521 (100%) |
| Owner Occupied HU | 2,368 (52.4%) |
| Renter Occupied HU | 1,667 (36.9%) |
| Vacant Housing Units | 486 (10.7%) |
| Median Home Value | $164,958 |
| Average Home Value | $205,982 |
Housing Distribution
Address Breakdown
Residential
3,994
Single Family
3,464
Multi-Family
530
Businesses
583
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Listed by: N/A • Big Bear Real Estate Company
Mls Name: Maine Listings
Mls ID: #1644489