30 Charles StreetHoultonME04730
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 Houlton at 30 Charles Street, Houlton, ME, 04730 generates $1,946/mo in rent and, after a $683/mo payment, leaves $1,065/mo in cash flow. Total monthly income is $1,946/mo, and annual cash flow is $12,784/yr on $46,244 invested. Return on cash invested sits at 47.55% in year one, and rental yield is 16.74% on a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 251.34% and total cumulative return in cash sums $116,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,946/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04730, Houlton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,799 (100%) |
| Owner Occupied HU | 2,836 (59.1%) |
| Renter Occupied HU | 1,260 (26.3%) |
| Vacant Housing Units | 703 (14.6%) |
| Median Home Value | $164,423 |
| Average Home Value | $216,767 |
Housing Distribution
Address Breakdown
Residential
3,981
Single Family
3,616
Multi-Family
365
Businesses
424
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Listed by: N/A • Mooers Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1592076
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782