162 Island RoadSaint AgathaME04772
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
Rental property for sale in Saint Agatha at 162 Island Road, Saint Agatha, ME, 04772 priced at $350,000 converts $1,380/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,380/mo. Return on cash invested prints 11.34% in year one, and rental yield reads 4.73% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 57.06% and total cumulative return in cash sums $66,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 2014
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04772, Saint Agatha, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 283 (58.0%) |
| Renter Occupied HU | 65 (13.3%) |
| Vacant Housing Units | 140 (28.7%) |
| Median Home Value | $199,265 |
| Average Home Value | $251,908 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
184
Multi-Family
22
Businesses
18
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Listed by: N/A • NextHome Discover
Mls Name: Maine Listings
Mls ID: #1633516