1690 River RoadClintonME04927
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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 Clinton at 1690 River Road, Clinton, ME, 04927 generates $1,140/mo in rent, after a $1,936/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 7.5% in year one, and rental yield is 3.46% on a $395,500 entry. Equity gained on principal adds $2,552/yr, while 5% annual appreciation builds toward $109,269 over five years. Five-year ROI reaches 36.43% and total cumulative return in cash sums $47,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 1790
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04927, Clinton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,594 (100%) |
| Owner Occupied HU | 1,197 (75.1%) |
| Renter Occupied HU | 259 (16.2%) |
| Vacant Housing Units | 138 ( 8.7%) |
| Median Home Value | $205,732 |
| Average Home Value | $241,928 |
Housing Distribution
Address Breakdown
Residential
1,253
Single Family
1,235
Multi-Family
18
Businesses
37
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