60 U.S. Rte 1WhitingME04691
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
Investment property for sale in Whiting at 60 U.S. Rte 1, Whiting, ME, 04691 uses $99,450 cash to close to unlock $7,368/yr annual cash flow and $614/mo monthly cash flow. Total monthly income runs $2,507/mo, and a $1,468/mo payment keeps the spread at $614/mo. Purchase price stands at $300,000, and rental yield measures 10.03% with $2,507/mo rent. Return on cash invested shows 27.32% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 142.73% and total cumulative return in cash records $141,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,507/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2009
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04691, Whiting, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 160 (49.4%) |
| Renter Occupied HU | 18 ( 5.6%) |
| Vacant Housing Units | 146 (45.1%) |
| Median Home Value | $258,696 |
| Average Home Value | $255,219 |
Housing Distribution
Address Breakdown
Residential
205
Single Family
205
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices