292 Main Street, Orono, ME, 04473 | $799/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

Rental property for sale in Orono at 292 Main Street, Orono, ME, 04473 generates $2,434/mo in rent and, after a $1,268/mo payment, leaves $799/mo in cash flow. Total monthly income is $2,434/mo, and annual cash flow is $9,589/yr on $85,859 invested. Return on cash invested sits at 31.08% in year one, and rental yield is 11.28% on a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 162.94% and total cumulative return in cash sums $139,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,434/mo property income rather than buyer’s personal income.

Single Family

Built in 1930

0.52 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04473, Orono, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,854 (100%)
Owner Occupied HU	1,396 (36.2%)
Renter Occupied HU	2,039 (52.9%)
Vacant Housing Units	419 (10.9%)
Median Home Value	$333,333
Average Home Value	$351,250