33 Federal StreetPresque IsleME04769
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 Presque Isle at 33 Federal Street, Presque Isle, ME, 04769 at $179,900 posts ROI 27.38% with $371/mo cash flow from $1,507/mo rent. Total monthly income equals $1,507/mo, and annual cash flow records $4,454/yr on $59,637 to close. Return on cash invested measures 27.38% and rental yield reads 10.05% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 143.12% and total cumulative return in cash totals $85,353.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,507/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
6,534 sqft 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 • Kieffer Real Estate
Mls Name: Maine Listings
Mls ID: #1632906