14 Pond StreetOronoME04473
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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 Orono at 14 Pond Street, Orono, ME, 04473 priced at $398,500 converts $3,563/mo rent into $1,048/mo cash flow after a $1,950/mo obligation. Total monthly income equals $3,563/mo, and annual cash flow totals $12,582/yr on $132,103 invested. Return on cash invested prints 29.43% in year one, and rental yield reads 10.73% against a $398,500 entry. Equity gained on principal adds $2,571/yr, while 5% annual appreciation compiles into $110,098 by year five. Five-year ROI reaches 154.09% and total cumulative return in cash sums $203,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,563/mo property income covering a $1,950/mo payment, not borrower’s personal income.
Single Family
Built in 1830
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04473, Orono, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,854 (100%) |
| Owner Occupied HU | 1,396 (36.2%) |
| Renter Occupied HU | 2,039 (52.9%) |
| Vacant Housing Units | 419 (10.9%) |
| Median Home Value | $333,333 |
| Average Home Value | $351,250 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,054
Multi-Family
304
Businesses
198
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