46 Signature Drive UNIT 21BrunswickME04011
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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 Brunswick at 46 Signature Drive UNIT 21, Brunswick, ME, 04011 generates $2,430/mo in rent, after a $2,668/mo payment. Total monthly income is $2,430/mo. Return on cash invested sits at 10.38% in year one, and rental yield is 5.35% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 52.93% and total cumulative return in cash sums $94,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,430/mo property income rather than buyer’s personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$436 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04011, Brunswick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,568 (100%) |
| Owner Occupied HU | 6,788 (64.2%) |
| Renter Occupied HU | 2,897 (27.4%) |
| Vacant Housing Units | 883 ( 8.4%) |
| Median Home Value | $466,100 |
| Average Home Value | $490,432 |
Housing Distribution
Address Breakdown
Residential
10,296
Single Family
8,410
Multi-Family
1,886
Businesses
1,082
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Listed by: N/A • RE/MAX Riverside
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1608092
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782