623 Stream RoadWinterportME04496
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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 Winterport at 623 Stream Road, Winterport, ME, 04496 uses $36,134 cash to close to unlock $1,831/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $841/mo, and a $534/mo payment keeps the spread at $153/mo. Purchase price stands at $109,000, and rental yield measures 9.26% with $841/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 130.21% and total cumulative return in cash records $47,050. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $841/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 2002
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04496, Winterport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,837 (100%) |
| Owner Occupied HU | 1,445 (78.7%) |
| Renter Occupied HU | 258 (14.0%) |
| Vacant Housing Units | 134 ( 7.3%) |
| Median Home Value | $286,960 |
| Average Home Value | $340,462 |
Housing Distribution
Address Breakdown
Residential
1,449
Single Family
1,449
Multi-Family
0
Businesses
66
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Listed by: N/A • First Choice Real Estate
Mls Name: Maine Listings
Mls ID: #1640884