34 Shackford StreetEastportME04631
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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 Eastport at 34 Shackford Street, Eastport, ME, 04631 priced at $299,000 pairs $1,988/mo rent with $101/mo cash flow after a $1,463/mo payment. Total monthly income equals $1,988/mo, and annual cash flow comes to $1,217/yr on $99,119 invested. Return on cash invested is 21.14% in year one, and rental yield stands at 7.98% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 109.61% and total cumulative return in cash reaches $108,646. For financing, Ziffy Mortgage’s DSCR program evaluates $1,988/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1899
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04631, Eastport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 482 (45.2%) |
| Renter Occupied HU | 160 (15.0%) |
| Vacant Housing Units | 425 (39.8%) |
| Median Home Value | $190,144 |
| Average Home Value | $221,795 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
599
Multi-Family
68
Businesses
89
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