29 Navy Street, Searsport, ME, 04974 | Equity Gain $10,970/yr

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

Rental property for sale in Searsport at 29 Navy Street, Searsport, ME, 04974 priced at $1,700,000 pairs $1,488/mo rent with after a $8,321/mo payment. Total monthly income equals $1,488/mo. Return on cash invested is 0.24% in year one, and rental yield stands at 1.05% on a $1,700,000 basis. Equity gained on principal adds $10,970/yr, and 5% annual appreciation accumulates to $469,679 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,488/mo property income against a $8,321/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2022

0.92 Acres lot

$N/A/sqft

No HOA