69 Deering Lake RoadOrientME04471
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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 Orient at 69 Deering Lake Road, Orient, ME, 04471 offers $1,217/mo rent that, after a $1,615/mo payment. Total monthly income is $1,217/mo. Return on cash invested measures 10.41% in year one, and rental yield stands at 4.43% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 52.1% and total cumulative return in cash reaches $56,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04471, Orient, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 229 (38.1%) |
| Renter Occupied HU | 30 ( 5.0%) |
| Vacant Housing Units | 342 (56.9%) |
| Median Home Value | $260,417 |
| Average Home Value | $301,594 |
Housing Distribution
Address Breakdown
Residential
305
Single Family
305
Multi-Family
0
Businesses
5
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