52 E E Conroy Lake RoadMonticelloME04760
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Monticello at 52 E E Conroy Lake Road, Monticello, ME, 04760 offers $0/mo rent that, after a $661/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.94% in year one, and rental yield stands at 0% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04760, Monticello, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 384 (100%) |
| Owner Occupied HU | 269 (70.1%) |
| Renter Occupied HU | 53 (13.8%) |
| Vacant Housing Units | 62 (16.1%) |
| Median Home Value | $219,118 |
| Average Home Value | $352,993 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
187
Multi-Family
15
Businesses
20
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Northern Maine Realty, Inc.
Mls Name: Maine Listings
Mls ID: #1629740