4 Ledge CircleBangorME04401
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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 Bangor at 4 Ledge Circle, Bangor, ME, 04401 priced at $137,900 converts $1,086/mo rent into after a $675/mo obligation. Total monthly income equals $1,086/mo. Return on cash invested prints 10.94% in year one, and rental yield reads 9.45% against a $137,900 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation compiles into $38,099 by year five. Five-year ROI reaches 60.27% and total cumulative return in cash sums $27,551. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,086/mo property income covering a $675/mo payment, not borrower’s personal income.
Manufactured
Built in 2010
N/A lot
$N/A/sqft
$550 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,989 (100%) |
| Owner Occupied HU | 11,478 (52.2%) |
| Renter Occupied HU | 8,838 (40.2%) |
| Vacant Housing Units | 1,673 ( 7.6%) |
| Median Home Value | $297,425 |
| Average Home Value | $331,226 |
Housing Distribution
Address Breakdown
Residential
20,842
Single Family
18,666
Multi-Family
2,176
Businesses
2,184
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Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1603450
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782