31 Hallbrook WayEllsworthME04605
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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
Rental property for sale in Ellsworth at 31 Hallbrook Way, Ellsworth, ME, 04605 priced at $889,000 converts $3,727/mo rent into after a $4,351/mo obligation. Total monthly income equals $3,727/mo. Return on cash invested prints 12.33% in year one, and rental yield reads 5.03% against a $889,000 entry. Equity gained on principal adds $5,737/yr, while 5% annual appreciation compiles into $245,614 by year five. Five-year ROI reaches 62.34% and total cumulative return in cash sums $182,330. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,727/mo property income covering a $4,351/mo payment, not borrower’s personal income.
Single Family
Built in 1994
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04605, Ellsworth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,069 (100%) |
| Owner Occupied HU | 4,752 (52.4%) |
| Renter Occupied HU | 1,780 (19.6%) |
| Vacant Housing Units | 2,537 (28.0%) |
| Median Home Value | $298,411 |
| Average Home Value | $372,243 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,598
Multi-Family
342
Businesses
915
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