23 Monument DriveEddingtonME04428
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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 Eddington at 23 Monument Drive, Eddington, ME, 04428 earns $890/mo cash flow from $2,903/mo rent with a $1,561/mo payment. Total monthly income totals $2,903/mo, and annual cash flow totals $10,681/yr on $105,749 capital. ROI tracks 30.01% on current figures, and rental yield reads 10.92% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 157.21% and total cumulative return in cash sums $166,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,903/mo property income instead of your personal income.
Single Family
Built in 1900
0.57 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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