238 McBurnie RoadPresque IsleME04769
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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 Presque Isle at 238 McBurnie Road, Presque Isle, ME, 04769 priced at $319,000 pairs $2,270/mo rent with $257/mo cash flow after a $1,561/mo payment. Total monthly income equals $2,270/mo, and annual cash flow comes to $3,085/yr on $105,749 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.54% on a $319,000 basis. Equity gained on principal adds $2,058/yr, and 5% annual appreciation accumulates to $88,134 by year five. Five-year ROI measures 118.69% and total cumulative return in cash reaches $125,509. For financing, Ziffy Mortgage’s DSCR program evaluates $2,270/mo property income against a $1,561/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
4 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
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Listed by: N/A • Progressive Realty
Mls Name: Maine Listings
Mls ID: #1629979