39 Pleasant StreetSkowheganME04976
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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
Investment property for sale in Skowhegan at 39 Pleasant Street, Skowhegan, ME, 04976 uses $62,654 cash to close to unlock $1,527/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $925/mo payment keeps the spread at $127/mo. Purchase price stands at $189,000, and rental yield measures 8.38% with $1,320/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 116.14% and total cumulative return in cash records $72,766. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1840
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04976, Skowhegan, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,990 (100%) |
| Owner Occupied HU | 2,937 (58.9%) |
| Renter Occupied HU | 1,488 (29.8%) |
| Vacant Housing Units | 565 (11.3%) |
| Median Home Value | $191,243 |
| Average Home Value | $232,858 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,330
Multi-Family
229
Businesses
426
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