26 Loon Hollow LaneOrringtonME04474
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
Rental property for sale in Orrington at 26 Loon Hollow Lane, Orrington, ME, 04474 generates $2,864/mo in rent, after a $2,570/mo payment. Total monthly income is $2,864/mo. Return on cash invested sits at 16.94% in year one, and rental yield is 6.55% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 87.04% and total cumulative return in cash sums $150,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,864/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04474, Orrington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,407 (76.7%) |
| Renter Occupied HU | 260 (14.2%) |
| Vacant Housing Units | 167 ( 9.1%) |
| Median Home Value | $324,856 |
| Average Home Value | $355,743 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,662
Multi-Family
31
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices