54 University StreetPresque IsleME04769
Nearby investment properties with comparable rents
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 Presque Isle at 54 University Street, Presque Isle, ME, 04769 at $325,000 posts ROI 23.35% with $309/mo cash flow from $2,360/mo rent. Total monthly income equals $2,360/mo, and annual cash flow records $3,703/yr on $107,738 to close. Return on cash invested measures 23.35% and rental yield reads 8.71% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 121.45% and total cumulative return in cash totals $130,849.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,360/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04769, Presque Isle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,521 (100%) |
| Owner Occupied HU | 2,368 (52.4%) |
| Renter Occupied HU | 1,667 (36.9%) |
| Vacant Housing Units | 486 (10.7%) |
| Median Home Value | $164,958 |
| Average Home Value | $205,982 |
Housing Distribution
Address Breakdown
Residential
3,994
Single Family
3,464
Multi-Family
530
Businesses
583
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Listed by: N/A • RE/MAX County
Mls Name: Maine Listings
Mls ID: #1638265