568 West RoadPortage LakeME04768
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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 Portage Lake at 568 West Road, Portage Lake, ME, 04768 generates $1,249/mo in rent, after a $1,174/mo payment. Total monthly income is $1,249/mo. Return on cash invested sits at 15.91% in year one, and rental yield is 6.25% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 81.63% and total cumulative return in cash sums $64,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,249/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04768, Portage, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 473 (100%) |
| Owner Occupied HU | 145 (30.7%) |
| Renter Occupied HU | 43 ( 9.1%) |
| Vacant Housing Units | 285 (60.3%) |
| Median Home Value | $202,083 |
| Average Home Value | $229,293 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
18
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Listed by: N/A • NextHome Discover
Mls Name: Maine Listings
Mls ID: #1642251