7 Magnolia Lane #2, Gardiner, ME, 04345 | 5.47% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Gardiner at 7 Magnolia Lane #2, Gardiner, ME, 04345 generates $1,710/mo in rent, after a $1,835/mo payment. Total monthly income is $1,710/mo. Return on cash invested sits at 13.57% in year one, and rental yield is 5.47% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 69.03% and total cumulative return in cash sums $85,815. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,710/mo property income rather than buyer’s personal income.

Condo

Built in 1850

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04345, Gardiner, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,801 (100%)
Owner Occupied HU	4,061 (70.0%)
Renter Occupied HU	1,215 (20.9%)
Vacant Housing Units	525 ( 9.1%)
Median Home Value	$247,937
Average Home Value	$268,862