332 North StreetCalaisME04619
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
Rental property for sale in Calais at 332 North Street, Calais, ME, 04619 offers $2,100/mo rent that, after a $1,410/mo payment, leaves $282/mo cash flow. Total monthly income is $2,100/mo, and annual cash flow is $3,384/yr on $95,472 cash. Return on cash invested measures 23.45% in year one, and rental yield stands at 8.75% at a $288,000 entry. Equity gained on principal adds $1,858/yr while 5% annual appreciation compounds into $79,569 by year five. Five-year ROI records 122.01% and total cumulative return in cash reaches $116,484. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,100/mo property income versus a $1,410/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04619, Calais, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 824 (48.8%) |
| Renter Occupied HU | 520 (30.8%) |
| Vacant Housing Units | 345 (20.4%) |
| Median Home Value | $151,974 |
| Average Home Value | $178,331 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,352
Multi-Family
46
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices