471 Main StreetThomastonME04861
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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 Thomaston at 471 Main Street, Thomaston, ME, 04861 with 5% annual appreciation on a $349,000 basis while $2,472/mo rent supports operations. Total monthly income totals $2,472/mo and a $1,708/mo payment preserves $270/mo for cash returns. Annual cash flow comes to $3,235/yr on $115,694 deployed, and return on cash invested reaches 22.71% in year one. Equity gained on principal adds $2,252/yr, and five-year appreciation sums $96,422 alongside rental yield of 8.5%. Five-year ROI measures 118.02% and total cumulative return in cash totals $136,536.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,472/mo property income versus a $1,708/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1953
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04861, Thomaston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,397 (100%) |
| Owner Occupied HU | 893 (63.9%) |
| Renter Occupied HU | 337 (24.1%) |
| Vacant Housing Units | 167 (12.0%) |
| Median Home Value | $266,171 |
| Average Home Value | $263,961 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,221
Multi-Family
107
Businesses
146
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