68 Bayside RoadEllsworthME04605
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 Ellsworth at 68 Bayside Road, Ellsworth, ME, 04605 priced at $159,000 pairs $1,263/mo rent with $260/mo cash flow after a $778/mo payment. Total monthly income equals $1,263/mo, and annual cash flow comes to $3,117/yr on $52,709 invested. Return on cash invested is 25.82% in year one, and rental yield stands at 9.53% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 134.71% and total cumulative return in cash reaches $71,004. For financing, Ziffy Mortgage’s DSCR program evaluates $1,263/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1977
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04605, Ellsworth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,069 (100%) |
| Owner Occupied HU | 4,752 (52.4%) |
| Renter Occupied HU | 1,780 (19.6%) |
| Vacant Housing Units | 2,537 (28.0%) |
| Median Home Value | $298,411 |
| Average Home Value | $372,243 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,598
Multi-Family
342
Businesses
915
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