30 Gilbert StreetOronoME04473
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 Orono at 30 Gilbert Street, Orono, ME, 04473 priced at $265,900 converts $1,824/mo rent into $142/mo cash flow after a $1,301/mo obligation. Total monthly income equals $1,824/mo, and annual cash flow totals $1,708/yr on $88,146 invested. Return on cash invested prints 21.85% in year one, and rental yield reads 8.23% against a $265,900 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation compiles into $73,463 by year five. Five-year ROI reaches 113.44% and total cumulative return in cash sums $99,994. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,824/mo property income covering a $1,301/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.27 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 |
Housing Distribution
Address Breakdown
Residential
3,358
Single Family
3,054
Multi-Family
304
Businesses
198
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Nearby investment properties with comparable prices
Listed by: N/A • ERA Dawson-Bradford Co.
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1616735
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782