27 Main StreetVassalboroME04989
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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 Vassalboro at 27 Main Street, Vassalboro, ME, 04989 priced at $299,000 converts $2,591/mo rent into $704/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,591/mo, and annual cash flow totals $8,453/yr on $99,119 invested. Return on cash invested prints 28.44% in year one, and rental yield reads 10.4% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 148.77% and total cumulative return in cash sums $147,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,591/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1791
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,654 (72.4%) |
| Renter Occupied HU | 326 (14.3%) |
| Vacant Housing Units | 306 (13.4%) |
| Median Home Value | $265,233 |
| Average Home Value | $286,267 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,860
Multi-Family
13
Businesses
29
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Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1630017