612 Lake Shore RoadSaint DavidME04773
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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 Saint David at 612 Lake Shore Road, Saint David, ME, 04773 priced at $179,900 pairs $1,567/mo rent with $431/mo cash flow after a $881/mo payment. Total monthly income equals $1,567/mo, and annual cash flow comes to $5,174/yr on $59,637 invested. Return on cash invested is 28.58% in year one, and rental yield stands at 10.45% on a $179,900 basis. Equity gained on principal adds $1,161/yr, and 5% annual appreciation accumulates to $49,703 by year five. Five-year ROI measures 149.6% and total cumulative return in cash reaches $89,217. For financing, Ziffy Mortgage’s DSCR program evaluates $1,567/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04773, Saint David, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 535 (100%) |
| Owner Occupied HU | 297 (55.5%) |
| Renter Occupied HU | 44 ( 8.2%) |
| Vacant Housing Units | 194 (36.3%) |
| Median Home Value | $182,639 |
| Average Home Value | $184,874 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
4
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Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1643124