545 Main StreetCaribouME04736
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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 Caribou at 545 Main Street, Caribou, ME, 04736 generates $0/mo in rent, after a $925/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.94% in year one, and rental yield is 0% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Multi Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04736, Caribou, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,624 (100%) |
| Owner Occupied HU | 2,972 (64.3%) |
| Renter Occupied HU | 1,143 (24.7%) |
| Vacant Housing Units | 509 (11.0%) |
| Median Home Value | $165,876 |
| Average Home Value | $198,637 |
Housing Distribution
Address Breakdown
Residential
4,025
Single Family
3,779
Multi-Family
246
Businesses
370
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Northern Star Real Estate Services LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1580777
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782