44 Winter StreetMillinocketME04462
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 Millinocket at 44 Winter Street, Millinocket, ME, 04462 at $164,900 posts ROI 29.05% with $416/mo cash flow from $1,457/mo rent. Total monthly income equals $1,457/mo, and annual cash flow records $4,997/yr on $54,664 to close. Return on cash invested measures 29.05% and rental yield reads 10.6% at the current $164,900. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 by year five. Five-year ROI prints 152.07% and total cumulative return in cash totals $83,128.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,457/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04462, Millinocket, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,542 (58.9%) |
| Renter Occupied HU | 539 (20.6%) |
| Vacant Housing Units | 538 (20.5%) |
| Median Home Value | $91,538 |
| Average Home Value | $170,131 |
Housing Distribution
Address Breakdown
Residential
2,484
Single Family
2,361
Multi-Family
123
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • North Woods Real Estate, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1615411
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