42 Fowler RoadOrringtonME04474
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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 Orrington at 42 Fowler Road, Orrington, ME, 04474 priced at $369,000 converts $2,059/mo rent into after a $1,806/mo obligation. Total monthly income equals $2,059/mo. Return on cash invested prints 17.26% in year one, and rental yield reads 6.7% against a $369,000 entry. Equity gained on principal adds $2,381/yr, while 5% annual appreciation compiles into $101,948 by year five. Five-year ROI reaches 88.84% and total cumulative return in cash sums $108,675. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,059/mo property income covering a $1,806/mo payment, not borrower’s personal income.
Single Family
Built in 1829
8.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04474, Orrington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,834 (100%) |
| Owner Occupied HU | 1,407 (76.7%) |
| Renter Occupied HU | 260 (14.2%) |
| Vacant Housing Units | 167 ( 9.1%) |
| Median Home Value | $324,856 |
| Average Home Value | $355,743 |
Housing Distribution
Address Breakdown
Residential
1,693
Single Family
1,662
Multi-Family
31
Businesses
56
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