49 Fort Point Cove RoadStockton SpringsME04981
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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 Stockton Springs at 49 Fort Point Cove Road, Stockton Springs, ME, 04981 generates $2,504/mo in rent, after a $2,765/mo payment. Total monthly income is $2,504/mo. Return on cash invested sits at 13.21% in year one, and rental yield is 5.32% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 67.04% and total cumulative return in cash sums $124,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,504/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
4.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04981, Stockton Springs, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,363 (100%) |
| Owner Occupied HU | 934 (68.5%) |
| Renter Occupied HU | 147 (10.8%) |
| Vacant Housing Units | 282 (20.7%) |
| Median Home Value | $264,964 |
| Average Home Value | $316,751 |
Housing Distribution
Address Breakdown
Residential
1,094
Single Family
1,046
Multi-Family
48
Businesses
35
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Listed by: N/A • United Realty
Mls Name: Maine Listings
Mls ID: #1643865