198 Destiny Bay RoadCutlerME04626
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Cutler at 198 Destiny Bay Road, Cutler, ME, 04626 priced at $475,000 pairs $0/mo rent with after a $2,325/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.94% in year one, and rental yield stands at 0% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04626, Cutler, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 185 (50.5%) |
| Renter Occupied HU | 32 ( 8.7%) |
| Vacant Housing Units | 149 (40.7%) |
| Median Home Value | $200,893 |
| Average Home Value | $237,595 |
Housing Distribution
Address Breakdown
Residential
254
Single Family
254
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices