47 Adams LaneWest GardinerME04345
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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 West Gardiner at 47 Adams Lane, West Gardiner, ME, 04345 offers $1,861/mo rent that, after a $1,273/mo payment, leaves $220/mo cash flow. Total monthly income is $1,861/mo, and annual cash flow is $2,636/yr on $86,190 cash. Return on cash invested measures 22.97% in year one, and rental yield stands at 8.59% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 119.42% and total cumulative return in cash reaches $102,929. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,861/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04345, Gardiner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,801 (100%) |
| Owner Occupied HU | 4,061 (70.0%) |
| Renter Occupied HU | 1,215 (20.9%) |
| Vacant Housing Units | 525 ( 9.1%) |
| Median Home Value | $247,937 |
| Average Home Value | $268,862 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,274
Multi-Family
160
Businesses
297
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Listed by: N/A • Real Broker
Mls Name: Maine Listings
Mls ID: #1638299