36 Mary StreetWest GardinerME04345
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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 West Gardiner at 36 Mary Street, West Gardiner, ME, 04345 priced at $520,000 pairs $3,522/mo rent with $240/mo cash flow after a $2,545/mo payment. Total monthly income equals $3,522/mo, and annual cash flow comes to $2,884/yr on $171,080 invested. Return on cash invested is 21.75% in year one, and rental yield stands at 8.13% on a $520,000 basis. Equity gained on principal adds $3,355/yr, and 5% annual appreciation accumulates to $143,666 by year five. Five-year ROI measures 112.84% and total cumulative return in cash reaches $193,043. For financing, Ziffy Mortgage’s DSCR program evaluates $3,522/mo property income against a $2,545/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04345, Gardiner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,801 (100%) |
| Owner Occupied HU | 4,061 (70.0%) |
| Renter Occupied HU | 1,215 (20.9%) |
| Vacant Housing Units | 525 ( 9.1%) |
| Median Home Value | $247,937 |
| Average Home Value | $268,862 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,274
Multi-Family
160
Businesses
297
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Listed by: N/A • Trek Realty LLC
Mls Name: Maine Listings
Mls ID: #1633839