40 Shackford StreetEastportME04631
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
Investment property for sale in Eastport at 40 Shackford Street, Eastport, ME, 04631 at $199,000 posts ROI 25.09% with $285/mo cash flow from $1,541/mo rent. Total monthly income equals $1,541/mo, and annual cash flow records $3,421/yr on $65,969 to close. Return on cash invested measures 25.09% and rental yield reads 9.29% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 130.89% and total cumulative return in cash totals $86,346.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,541/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04631, Eastport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,067 (100%) |
| Owner Occupied HU | 482 (45.2%) |
| Renter Occupied HU | 160 (15.0%) |
| Vacant Housing Units | 425 (39.8%) |
| Median Home Value | $190,144 |
| Average Home Value | $221,795 |
Housing Distribution
Address Breakdown
Residential
667
Single Family
599
Multi-Family
68
Businesses
89
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