22 Comins LaneEddingtonME04428
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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
Rental property for sale in Eddington at 22 Comins Lane, Eddington, ME, 04428 priced at $378,000 pairs $2,740/mo rent with $355/mo cash flow after a $1,850/mo payment. Total monthly income equals $2,740/mo, and annual cash flow comes to $4,254/yr on $125,307 invested. Return on cash invested is 23.3% in year one, and rental yield stands at 8.7% on a $378,000 basis. Equity gained on principal adds $2,439/yr, and 5% annual appreciation accumulates to $104,434 by year five. Five-year ROI measures 121.22% and total cumulative return in cash reaches $151,893. For financing, Ziffy Mortgage’s DSCR program evaluates $2,740/mo property income against a $1,850/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04428, Eddington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,546 (100%) |
| Owner Occupied HU | 1,092 (70.6%) |
| Renter Occupied HU | 216 (14.0%) |
| Vacant Housing Units | 238 (15.4%) |
| Median Home Value | $368,792 |
| Average Home Value | $390,188 |
Housing Distribution
Address Breakdown
Residential
1,355
Single Family
1,315
Multi-Family
40
Businesses
43
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