7 Howard Siding LnAbbotME04406
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 Abbot at 7 Howard Siding Ln, Abbot, ME, 04406 offers a 21.01% rental yield on a $136,040 purchase with $2,382/mo rent. Total monthly income registers $2,382/mo, and a $666/mo payment leaves $1,506/mo available for distribution. Annual cash flow reaches $18,075/yr on $45,097 to close, and return on cash invested stands at 59.99% in year one. Equity gained on principal adds $878/yr while 5% annual appreciation supports $37,585 over five years. Portfolio math shows five-year ROI at 318.17% and total cumulative return in cash at $143,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,382/mo property income against a $666/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
12.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04406, Abbot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 334 (48.6%) |
| Renter Occupied HU | 45 ( 6.6%) |
| Vacant Housing Units | 308 (44.8%) |
| Median Home Value | $188,636 |
| Average Home Value | $244,768 |
Housing Distribution
Address Breakdown
Residential
285
Single Family
285
Multi-Family
0
Businesses
20
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