31 Dwight StreetThomastonME04861
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 Thomaston at 31 Dwight Street, Thomaston, ME, 04861 offers a 8.26% rental yield on a $240,000 purchase with $1,652/mo rent. Total monthly income registers $1,652/mo, and a $1,175/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,644/yr on $79,560 to close, and return on cash invested stands at 21.98% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 114.09% and total cumulative return in cash at $90,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,652/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04861, Thomaston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 893 (63.9%) |
| Renter Occupied HU | 337 (24.1%) |
| Vacant Housing Units | 167 (12.0%) |
| Median Home Value | $266,171 |
| Average Home Value | $263,961 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,221
Multi-Family
107
Businesses
146
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