40 Loon Landing LandingStockton SpringsME04981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Stockton Springs at 40 Loon Landing Landing, Stockton Springs, ME, 04981 generates $2,520/mo in rent, after a $5,873/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 4.77% in year one, and rental yield is 2.52% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 21.74% and total cumulative return in cash sums $84,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04981, Stockton Springs, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 934 (68.5%) |
| Renter Occupied HU | 147 (10.8%) |
| Vacant Housing Units | 282 (20.7%) |
| Median Home Value | $264,964 |
| Average Home Value | $316,751 |
Housing Distribution
Address Breakdown
Residential
1,094
Single Family
1,046
Multi-Family
48
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Berkshire Hathaway HomeServices Northeast Real Estate
Mls Name: Maine Listings
Mls ID: #1641776