168 Main StreetWinthropME04364
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 Winthrop at 168 Main Street, Winthrop, ME, 04364 offers $2,400/mo rent that, after a $2,814/mo payment. Total monthly income is $2,400/mo. Return on cash invested measures 12.27% in year one, and rental yield stands at 5.01% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 62% and total cumulative return in cash reaches $117,287. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1880
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04364, Winthrop, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,338 (100%) |
| Owner Occupied HU | 2,097 (62.8%) |
| Renter Occupied HU | 585 (17.5%) |
| Vacant Housing Units | 656 (19.7%) |
| Median Home Value | $304,345 |
| Average Home Value | $347,047 |
Housing Distribution
Address Breakdown
Residential
2,747
Single Family
2,716
Multi-Family
31
Businesses
231
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