372 Forest Avenue, Orono, ME, 04473 | 3.2% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Orono at 372 Forest Avenue, Orono, ME, 04473 with 5% annual appreciation on a $495,000 basis while $1,320/mo rent supports operations. 71% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 3.2%. Five-year ROI measures 32.25% and total cumulative return in cash totals $52,918. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,320/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1990

55 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04473, Orono, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,854 (100%)
Owner Occupied HU	1,396 (36.2%)
Renter Occupied HU	2,039 (52.9%)
Vacant Housing Units	419 (10.9%)
Median Home Value	$333,333
Average Home Value	$351,250