42 Tinker Meadow Way #38EllsworthME04605
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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 Ellsworth at 42 Tinker Meadow Way #38, Ellsworth, ME, 04605 listed at $474,000 pairs $2,040/mo rent with a $2,320/mo payment. Total monthly income runs $2,040/mo. Return on cash invested measures 12.64% in year one, and rental yield registers 5.16% at a $474,000 basis. Equity gained on principal adds $3,059/yr, and annual property appreciation at 5% supports $130,957 by year five. Five-year ROI tracks 64.04% and total cumulative return in cash totals $100,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $2,320/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
31.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04605, Ellsworth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,069 (100%) |
| Owner Occupied HU | 4,752 (52.4%) |
| Renter Occupied HU | 1,780 (19.6%) |
| Vacant Housing Units | 2,537 (28.0%) |
| Median Home Value | $298,411 |
| Average Home Value | $372,243 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,598
Multi-Family
342
Businesses
915
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