291 Main RoadPassadumkeagME04475
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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 Passadumkeag at 291 Main Road, Passadumkeag, ME, 04475 generates $1,421/mo in rent and, after a $881/mo payment, leaves $285/mo in cash flow. Total monthly income is $1,421/mo, and annual cash flow is $3,420/yr on $59,670 invested. Return on cash invested sits at 25.64% in year one, and rental yield is 9.47% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 133.72% and total cumulative return in cash sums $79,793. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,421/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04475, Passadumkeag, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 138 (69.0%) |
| Renter Occupied HU | 20 ( 10.0%) |
| Vacant Housing Units | 42 (21.0%) |
| Median Home Value | $125,000 |
| Average Home Value | $151,667 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
119
Multi-Family
9
Businesses
6
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Listed by: N/A • CENTURY 21 Queen City Real Estate
Mls Name: Maine Listings
Mls ID: #1639531