31 Dean StreetWinterportME04496
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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 Winterport at 31 Dean Street, Winterport, ME, 04496 uses $96,102 cash to close to unlock $1,144/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,925/mo, and a $1,419/mo payment keeps the spread at $95/mo. Purchase price stands at $289,900, and rental yield measures 7.97% with $1,925/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 109.41% and total cumulative return in cash records $105,141. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,925/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1880
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04496, Winterport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 1,445 (78.7%) |
| Renter Occupied HU | 258 (14.0%) |
| Vacant Housing Units | 134 ( 7.3%) |
| Median Home Value | $286,960 |
| Average Home Value | $340,462 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
66
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Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls ID: #1643792