18/20 Beech StreetEast MillinocketME04430
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
Total monthly income runs $1,184/mo, and a $1,297/mo payment. Purchase price stands at $265,000, and rental yield measures 5.36% with $1,184/mo rent. Return on cash invested shows 13.24% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 67.24% and total cumulative return in cash records $59,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,184/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Multi Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04430, East Millinocket, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 576 (66.8%) |
| Renter Occupied HU | 183 (21.2%) |
| Vacant Housing Units | 103 (11.9%) |
| Median Home Value | $70,556 |
| Average Home Value | $109,588 |
Housing Distribution
Address Breakdown
Residential
765
Single Family
752
Multi-Family
13
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1628892
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782