1755 Van Buren RoadConnor TownshipME04736
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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 Connor Township at 1755 Van Buren Road, Connor Township, ME, 04736 generates $1,712/mo in rent, after a $1,468/mo payment. Total monthly income is $1,712/mo. Return on cash invested sits at 17.73% in year one, and rental yield is 6.85% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 91.34% and total cumulative return in cash sums $90,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04736, Caribou, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,624 (100%) |
| Owner Occupied HU | 2,972 (64.3%) |
| Renter Occupied HU | 1,143 (24.7%) |
| Vacant Housing Units | 509 (11.0%) |
| Median Home Value | $165,876 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
4,025
Single Family
3,779
Multi-Family
246
Businesses
370
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Listed by: N/A • Dobbs Realty
Mls Name: Maine Listings
Mls ID: #1631158