47 Mill StreetPrincetonME04668








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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 Princeton at 47 Mill Street, Princeton, ME, 04668 offers a 8.32% rental yield on a $295,000 purchase with $2,045/mo rent. Total monthly income registers $2,045/mo, and a $1,444/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,197/yr on $97,793 to close, and return on cash invested stands at 22.16% in year one. Equity gained on principal adds $1,904/yr while 5% annual appreciation supports $81,503 over five years. Portfolio math shows five-year ROI at 115.1% and total cumulative return in cash at $112,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,045/mo property income against a $1,444/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04668, Princeton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 589 (50.9%) |
| Renter Occupied HU | 145 (12.5%) |
| Vacant Housing Units | 424 (36.6%) |
| Median Home Value | $136,919 |
| Average Home Value | $182,967 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
53
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