218 Highland AveGardinerME04345
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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
Investment property for sale in Gardiner at 218 Highland Ave, Gardiner, ME, 04345 with 5% annual appreciation on a $385,000 basis while $3,302/mo rent supports operations. Total monthly income totals $3,302/mo and a $1,884/mo payment preserves $873/mo for cash returns. Annual cash flow comes to $10,471/yr on $127,628 deployed, and return on cash invested reaches 28.11% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 10.29%. Five-year ROI measures 147% and total cumulative return in cash totals $187,618.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,302/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1870
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04345, Gardiner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,801 (100%) |
| Owner Occupied HU | 4,061 (70.0%) |
| Renter Occupied HU | 1,215 (20.9%) |
| Vacant Housing Units | 525 ( 9.1%) |
| Median Home Value | $247,937 |
| Average Home Value | $268,862 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,274
Multi-Family
160
Businesses
297
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