2 Lincoln StreetEastportME04631
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
Rental property for sale in Eastport at 2 Lincoln Street, Eastport, ME, 04631 priced at $268,500 pairs $2,340/mo rent with $646/mo cash flow after a $1,314/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $7,747/yr on $89,008 invested. Return on cash invested is 28.61% in year one, and rental yield stands at 10.46% on a $268,500 basis. Equity gained on principal adds $1,733/yr, and 5% annual appreciation accumulates to $74,182 by year five. Five-year ROI measures 149.69% and total cumulative return in cash reaches $133,234. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,314/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04631, Eastport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 482 (45.2%) |
| Renter Occupied HU | 160 (15.0%) |
| Vacant Housing Units | 425 (39.8%) |
| Median Home Value | $190,144 |
| Average Home Value | $221,795 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
599
Multi-Family
68
Businesses
89
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