336 Main StreetCorinthME04427
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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 Corinth at 336 Main Street, Corinth, ME, 04427 priced at $349,000 converts $2,831/mo rent into $629/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,831/mo, and annual cash flow totals $7,543/yr on $115,694 invested. Return on cash invested prints 26.43% in year one, and rental yield reads 9.73% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 137.98% and total cumulative return in cash sums $159,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,831/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Multi Family
Built in 1908
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04427, Corinth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 978 (76.0%) |
| Renter Occupied HU | 192 (14.9%) |
| Vacant Housing Units | 116 ( 9.0%) |
| Median Home Value | $205,952 |
| Average Home Value | $243,441 |
Housing Distribution
Address Breakdown
Residential
1,127
Single Family
1,103
Multi-Family
24
Businesses
54
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