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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bath at 57 Granite Street, Bath, ME, 04530 priced at $462,500 pairs $3,008/mo rent with $89/mo cash flow after a $2,264/mo payment. Total monthly income equals $3,008/mo, and annual cash flow comes to $1,065/yr on $153,319 invested. Return on cash invested is 20.6% in year one, and rental yield stands at 7.8% on a $462,500 basis. Equity gained on principal adds $2,984/yr, and 5% annual appreciation accumulates to $127,780 by year five. Five-year ROI measures 106.72% and total cumulative return in cash reaches $163,626. For financing, Ziffy Mortgage’s DSCR program evaluates $3,008/mo property income against a $2,264/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1840
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,152 (100%) |
| Owner Occupied HU | 3,485 (56.6%) |
| Renter Occupied HU | 1,955 (31.8%) |
| Vacant Housing Units | 712 (11.6%) |
| Median Home Value | $374,912 |
| Average Home Value | $480,148 |
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
Date | Event | Price |
|---|---|---|
| 2024-07-10 | Listed for sale | $462,500 |
| 2021-12-10 | Sold | $134,400 |
| 2021-10-12 | Pending sale | $139,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | $3038.00 | -4.91% | $148,900 | -5.40% |
| 2021-10-15 | $3195.00 | N/A | $157,400 | N/A |
| 2020-10-15 | $3195.00 | 2.50% | $157,400 | N/A |
Listed by: N/A • Locations Real Estate Group LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1596282
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
