32 Pond LnAppletonME04862
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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 Appleton at 32 Pond Ln, Appleton, ME, 04862 priced at $587,600 pairs $2,196/mo rent with after a $2,876/mo payment. Total monthly income equals $2,196/mo. Return on cash invested is 10.67% in year one, and rental yield stands at 4.48% on a $587,600 basis. Equity gained on principal adds $3,792/yr, and 5% annual appreciation accumulates to $162,343 by year five. Five-year ROI measures 53.44% and total cumulative return in cash reaches $103,315. For financing, Ziffy Mortgage’s DSCR program evaluates $2,196/mo property income against a $2,876/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1970
2.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04862, Union, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,073 (100%) |
| Owner Occupied HU | 1,521 (73.4%) |
| Renter Occupied HU | 191 ( 9.2%) |
| Vacant Housing Units | 361 (17.4%) |
| Median Home Value | $318,608 |
| Average Home Value | $347,939 |
Housing Distribution
Address Breakdown
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
84
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