22 Rabbit LaneWhitingME04691
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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 Whiting at 22 Rabbit Lane, Whiting, ME, 04691 priced at $119,900 converts $954/mo rent into $197/mo cash flow after a $587/mo obligation. Total monthly income equals $954/mo, and annual cash flow totals $2,366/yr on $39,747 invested. Return on cash invested prints 25.86% in year one, and rental yield reads 9.55% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 135.04% and total cumulative return in cash sums $53,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $954/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04691, Whiting, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 160 (49.4%) |
| Renter Occupied HU | 18 ( 5.6%) |
| Vacant Housing Units | 146 (45.1%) |
| Median Home Value | $258,696 |
| Average Home Value | $255,219 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
205
Multi-Family
0
Businesses
17
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