31 Blake StreetPresque IsleME04769
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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
Investment property for sale in Presque Isle at 31 Blake Street, Presque Isle, ME, 04769 with 5% annual appreciation on a $284,900 basis while $1,873/mo rent supports operations. Total monthly income totals $1,873/mo and a $1,394/mo payment preserves $75/mo for cash returns. Annual cash flow comes to $905/yr on $94,444 deployed, and return on cash invested reaches 20.87% in year one. Equity gained on principal adds $1,838/yr, and five-year appreciation sums $78,713 alongside rental yield of 7.89%. Five-year ROI measures 108.16% and total cumulative return in cash totals $102,155.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,873/mo property income versus a $1,394/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04769, Presque Isle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,521 (100%) |
| Owner Occupied HU | 2,368 (52.4%) |
| Renter Occupied HU | 1,667 (36.9%) |
| Vacant Housing Units | 486 (10.7%) |
| Median Home Value | $164,958 |
| Average Home Value | $205,982 |
Housing Distribution
Address Breakdown
Residential
3,994
Single Family
3,464
Multi-Family
530
Businesses
583
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Listed by: N/A • Progressive Realty
Mls Name: Maine Listings
Mls ID: #1636839