583 River RdCalaisME04619
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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 Calais at 583 River Rd, Calais, ME, 04619 earns $864/mo cash flow from $2,034/mo rent with a $907/mo payment. Total monthly income totals $2,034/mo, and annual cash flow totals $10,374/yr on $61,427 capital. ROI tracks 36.8% on current figures, and rental yield reads 13.17% at a $185,300 purchase. Equity gained on principal adds $1,196/yr, and 5% annual appreciation supports $51,195 over five years. Five-year ROI reaches 193.6% and total cumulative return in cash sums $118,921. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,034/mo property income instead of your personal income.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04619, Calais, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,689 (100%) |
| Owner Occupied HU | 824 (48.8%) |
| Renter Occupied HU | 520 (30.8%) |
| Vacant Housing Units | 345 (20.4%) |
| Median Home Value | $151,974 |
| Average Home Value | $178,331 |
Housing Distribution
Address Breakdown
Residential
1,398
Single Family
1,352
Multi-Family
46
Businesses
247
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