2 Knowlton PlaceOwls HeadME04854
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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
Investment property for sale in Owls Head at 2 Knowlton Place, Owls Head, ME, 04854 at $349,000 posts ROI 31.92% with $1,158/mo cash flow from $3,360/mo rent. Total monthly income equals $3,360/mo, and annual cash flow records $13,891/yr on $115,694 to close. Return on cash invested measures 31.92% and rental yield reads 11.55% at the current $349,000. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 by year five. Five-year ROI prints 167.4% and total cumulative return in cash totals $193,668.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04854, Owls Head, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,184 (100%) |
| Owner Occupied HU | 615 (51.9%) |
| Renter Occupied HU | 127 (10.7%) |
| Vacant Housing Units | 442 (37.3%) |
| Median Home Value | $472,917 |
| Average Home Value | $581,882 |
Housing Distribution
Address Breakdown
Residential
716
Single Family
716
Multi-Family
0
Businesses
26
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