169 Bowers BoulevardIsland FallsME04747
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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 Island Falls at 169 Bowers Boulevard, Island Falls, ME, 04747 offers $0/mo rent that, after a $3,181/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.96% in year one, and rental yield stands at 0% at a $649,900 entry. Equity gained on principal adds $4,194/yr while 5% annual appreciation compounds into $179,555 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,181/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04747, Island Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 896 (100%) |
| Owner Occupied HU | 456 (50.9%) |
| Renter Occupied HU | 83 ( 9.3%) |
| Vacant Housing Units | 357 (39.8%) |
| Median Home Value | $235,714 |
| Average Home Value | $248,591 |
Housing Distribution
Address Breakdown
Residential
398
Single Family
376
Multi-Family
22
Businesses
34
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Real Broker
Mls Name: Maine Listings
Mls ID: #1647251