56 Union StEllsworthME04605
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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 Ellsworth at 56 Union St, Ellsworth, ME, 04605 at $250,000 posts ROI 28.57% with $598/mo cash flow from $2,176/mo rent. Total monthly income equals $2,176/mo, and annual cash flow records $7,174/yr on $82,875 to close. Return on cash invested measures 28.57% and rental yield reads 10.44% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 149.43% and total cumulative return in cash totals $123,838.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,176/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04605, Ellsworth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,069 (100%) |
| Owner Occupied HU | 4,752 (52.4%) |
| Renter Occupied HU | 1,780 (19.6%) |
| Vacant Housing Units | 2,537 (28.0%) |
| Median Home Value | $298,411 |
| Average Home Value | $372,243 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,598
Multi-Family
342
Businesses
915
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