24 Park Street, Old Town, ME, 04468 | $256/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Old Town at 24 Park Street, Old Town, ME, 04468 offers a 9.25% rental yield on a $184,000 purchase with $1,418/mo rent. Total monthly income registers $1,418/mo, and a $901/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,076/yr on $60,996 to close, and return on cash invested stands at 24.95% in year one. Equity gained on principal adds $1,187/yr while 5% annual appreciation supports $50,836 over five years. Portfolio math shows five-year ROI at 130.1% and total cumulative return in cash at $79,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,418/mo property income against a $901/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1935

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04468, Old Town, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,815 (100%)
Owner Occupied HU	2,594 (53.9%)
Renter Occupied HU	1,644 (34.1%)
Vacant Housing Units	577 (12.0%)
Median Home Value	$218,286
Average Home Value	$246,887