142 Clark Island RoadSaint GeorgeME04859
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Saint George at 142 Clark Island Road, Saint George, ME, 04859 listed at $319,000 pairs $3,000/mo rent with a $1,561/mo payment to leave $987/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $11,845/yr on $105,749 cash to close. Return on cash invested measures 31.11% in year one, and rental yield registers 11.29% at a $319,000 basis. Equity gained on principal adds $2,058/yr, and annual property appreciation at 5% supports $88,134 by year five. Five-year ROI tracks 163.11% and total cumulative return in cash totals $172,489. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $1,561/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04859, Spruce Head, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 525 (100%) |
| Owner Occupied HU | 307 (58.5%) |
| Renter Occupied HU | 28 ( 5.3%) |
| Vacant Housing Units | 190 (36.2%) |
| Median Home Value | $704,167 |
| Average Home Value | $794,902 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
271
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lone Pine Real Estate Company
Mls Name: Maine Listings
Mls ID: #1647401