34 Abbott StreetWatervilleME04901
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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
Investment property for sale in Waterville at 34 Abbott Street, Waterville, ME, 04901 with 5% annual appreciation on a $238,000 basis while $1,680/mo rent supports operations. Total monthly income totals $1,680/mo and a $1,165/mo payment preserves $178/mo for cash returns. Annual cash flow comes to $2,134/yr on $78,897 deployed, and return on cash invested reaches 22.61% in year one. Equity gained on principal adds $1,536/yr, and five-year appreciation sums $65,755 alongside rental yield of 8.47%. Five-year ROI measures 117.52% and total cumulative return in cash totals $92,722.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,680/mo property income versus a $1,165/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04901, Waterville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,740 (100%) |
| Owner Occupied HU | 7,081 (55.6%) |
| Renter Occupied HU | 4,624 (36.3%) |
| Vacant Housing Units | 1,035 ( 8.1%) |
| Median Home Value | $219,128 |
| Average Home Value | $243,970 |
Housing Distribution
Address Breakdown
Residential
11,552
Single Family
10,471
Multi-Family
1,081
Businesses
922
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Listed by: N/A • OWN REAL ESTATE
Mls Name: Maine Listings
Mls ID: #1636075