6 Bay Haven DrDeer IsleME04627
Nearby investment properties with comparable rents
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 Deer Isle at 6 Bay Haven Dr, Deer Isle, ME, 04627 priced at $161,300 converts $2,279/mo rent into $1,261/mo cash flow after a $789/mo obligation. Total monthly income equals $2,279/mo, and annual cash flow totals $15,138/yr on $53,471 invested. Return on cash invested prints 48.22% in year one, and rental yield reads 16.95% against a $161,300 entry. Equity gained on principal adds $1,041/yr, while 5% annual appreciation compiles into $44,564 by year five. Five-year ROI reaches 254.86% and total cumulative return in cash sums $136,274. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,279/mo property income covering a $789/mo payment, not borrower’s personal income.
Single Family
Built in 1995
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04627, Deer Isle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,612 (100%) |
| Owner Occupied HU | 698 (43.3%) |
| Renter Occupied HU | 147 ( 9.1%) |
| Vacant Housing Units | 767 (47.6%) |
| Median Home Value | $416,901 |
| Average Home Value | $508,073 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
652
Multi-Family
24
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices