222 Spragueville RoadPresque IsleME04769
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
Investment property for sale in Presque Isle at 222 Spragueville Road, Presque Isle, ME, 04769 earns from $1,530/mo rent with a $1,219/mo payment. Total monthly income totals $1,530/mo. ROI tracks 19.3% on current figures, and rental yield reads 7.37% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 99.8% and total cumulative return in cash sums $82,376. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,530/mo property income instead of your personal income.
Single Family
Built in 1972
7.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04769, Presque Isle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,521 (100%) |
| Owner Occupied HU | 2,368 (52.4%) |
| Renter Occupied HU | 1,667 (36.9%) |
| Vacant Housing Units | 486 (10.7%) |
| Median Home Value | $164,958 |
| Average Home Value | $205,982 |
Housing Distribution
Address Breakdown
Residential
3,994
Single Family
3,464
Multi-Family
530
Businesses
583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Big Bear Real Estate Company
Mls Name: Maine Listings
Mls ID: #1644660