20 Coles Corner RoadWinterportME04496
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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 Winterport at 20 Coles Corner Road, Winterport, ME, 04496 generates $1,198/mo in rent and, after a $734/mo payment, leaves $252/mo in cash flow. Total monthly income is $1,198/mo, and annual cash flow is $3,020/yr on $49,692 invested. Return on cash invested sits at 25.99% in year one, and rental yield is 9.59% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 135.62% and total cumulative return in cash sums $67,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,198/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04496, Winterport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 1,445 (78.7%) |
| Renter Occupied HU | 258 (14.0%) |
| Vacant Housing Units | 134 ( 7.3%) |
| Median Home Value | $286,960 |
| Average Home Value | $340,462 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
66
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Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls ID: #1629823