36 Ireland AvenueCorinnaME04928
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 Corinna at 36 Ireland Avenue, Corinna, ME, 04928 priced at $265,000 pairs $1,306/mo rent with after a $1,297/mo payment. Total monthly income equals $1,306/mo. Return on cash invested is 14.9% in year one, and rental yield stands at 5.91% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 76.19% and total cumulative return in cash reaches $66,927. For financing, Ziffy Mortgage’s DSCR program evaluates $1,306/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04928, Corinna, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,108 (100%) |
| Owner Occupied HU | 753 (68.0%) |
| Renter Occupied HU | 201 (18.1%) |
| Vacant Housing Units | 154 (13.9%) |
| Median Home Value | $206,183 |
| Average Home Value | $254,177 |
Housing Distribution
Address Breakdown
Residential
939
Single Family
939
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices