7 Pond RoadAbbotME04406
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 Abbot at 7 Pond Road, Abbot, ME, 04406 priced at $229,000 converts $1,551/mo rent into $106/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,551/mo, and annual cash flow totals $1,267/yr on $75,914 invested. Return on cash invested prints 21.58% in year one, and rental yield reads 8.13% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 111.97% and total cumulative return in cash sums $85,001. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,551/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
0.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices