51 Reardon LaneCalaisME04619
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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 Calais at 51 Reardon Lane, Calais, ME, 04619 offers $1,672/mo rent that, after a $1,415/mo payment. Total monthly income is $1,672/mo. Return on cash invested measures 18% in year one, and rental yield stands at 6.94% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 92.79% and total cumulative return in cash reaches $88,898. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,672/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04619, Calais, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 824 (48.8%) |
| Renter Occupied HU | 520 (30.8%) |
| Vacant Housing Units | 345 (20.4%) |
| Median Home Value | $151,974 |
| Average Home Value | $178,331 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,352
Multi-Family
46
Businesses
247
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