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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Islesboro at 371 Pendleton Point Road, Islesboro, ME, 04848 priced at $595,000 pairs $3,000/mo rent with after a $2,912/mo payment. Total monthly income equals $3,000/mo. Return on cash invested is 15.43% in year one, and rental yield stands at 6.05% on a $595,000 basis. Equity gained on principal adds $3,839/yr, and 5% annual appreciation accumulates to $164,388 by year five. Five-year ROI measures 78.99% and total cumulative return in cash reaches $154,622. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $2,912/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04848, Islesboro, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 838 (100%) |
| Owner Occupied HU | 236 (28.2%) |
| Renter Occupied HU | 39 ( 4.7%) |
| Vacant Housing Units | 563 (67.2%) |
| Median Home Value | $494,118 |
| Average Home Value | $615,180 |
Residential
332
Single Family
329
Multi-Family
3
Businesses
48
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Warren Realty
Mls Name: Maine Listings
Mls ID: #1646221
