562 Main StreetCaribouME04736
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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 Caribou at 562 Main Street, Caribou, ME, 04736 priced at $269,000 pairs $1,201/mo rent with after a $1,317/mo payment. Total monthly income equals $1,201/mo. Return on cash invested is 13.22% in year one, and rental yield stands at 5.36% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 67.14% and total cumulative return in cash reaches $59,867. For financing, Ziffy Mortgage’s DSCR program evaluates $1,201/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1971
1.29 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
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