149 Old Main StreetEagle LakeME04739
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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 Eagle Lake at 149 Old Main Street, Eagle Lake, ME, 04739 offers $0/mo rent that, after a $1,738/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.94% in year one, and rental yield stands at 0% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
8.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04739, Eagle Lake, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 329 (37.9%) |
| Renter Occupied HU | 97 (11.2%) |
| Vacant Housing Units | 441 (50.9%) |
| Median Home Value | $255,645 |
| Average Home Value | $282,287 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
26
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No similar rental properties found nearby.
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Listed by: Tina Heaney • Keller Williams Realty Metro-Concord
Mls Name: PrimeMLS
Mls ID: #5064948