55 Summit StreetBaileyvilleME04694
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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
Investment property for sale in Baileyville at 55 Summit Street, Baileyville, ME, 04694 uses $52,709 cash to close to unlock $6,021/yr annual cash flow and $502/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $778/mo payment keeps the spread at $502/mo. Purchase price stands at $159,000, and rental yield measures 11.36% with $1,505/mo rent. Return on cash invested shows 31.33% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 164.28% and total cumulative return in cash records $86,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1910
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • Due East Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1612835
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782