30 Elm StreetOld TownME04468
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
Investment property for sale in Old Town at 30 Elm Street, Old Town, ME, 04468 uses $49,394 cash to close to unlock $2,183/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,122/mo, and a $729/mo payment keeps the spread at $182/mo. Purchase price stands at $149,000, and rental yield measures 9.04% with $1,122/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 126.7% and total cumulative return in cash records $62,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,122/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04468, Old Town, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,815 (100%) |
| Owner Occupied HU | 2,594 (53.9%) |
| Renter Occupied HU | 1,644 (34.1%) |
| Vacant Housing Units | 577 (12.0%) |
| Median Home Value | $218,286 |
| Average Home Value | $246,887 |
Housing Distribution
Address Breakdown
Residential
4,245
Single Family
4,000
Multi-Family
245
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices