168 Elm StreetPittsfieldME04967
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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
Investment property for sale in Pittsfield at 168 Elm Street, Pittsfield, ME, 04967 listed at $190,000 pairs $2,806/mo rent with a $930/mo payment to leave $1,607/mo cash flow. Total monthly income runs $2,806/mo, and annual cash flow reaches $19,282/yr on $62,985 cash to close. Return on cash invested measures 50.52% in year one, and rental yield registers 17.72% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 267.17% and total cumulative return in cash totals $168,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,806/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
1.97 Acres lot
$N/A/sqft
No HOA
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Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1606836
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782