37 Presque Isle StreetFort FairfieldME04742
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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 Fort Fairfield at 37 Presque Isle Street, Fort Fairfield, ME, 04742 offers $0/mo rent that, after a $538/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.94% in year one, and rental yield stands at 0% at a $109,900 entry. Equity gained on principal adds $709/yr while 5% annual appreciation compounds into $30,363 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04742, Fort Fairfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,725 (100%) |
| Owner Occupied HU | 1,098 (63.7%) |
| Renter Occupied HU | 424 (24.6%) |
| Vacant Housing Units | 203 (11.8%) |
| Median Home Value | $174,677 |
| Average Home Value | $260,945 |
Housing Distribution
Address Breakdown
Residential
1,420
Single Family
1,287
Multi-Family
133
Businesses
83
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Fields Realty LLC
Mls Name: Maine Listings
Mls ID: #1646803