70 Back RoadAbbotME04406
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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 Abbot at 70 Back Road, Abbot, ME, 04406 priced at $399,000 converts $2,672/mo rent into $154/mo cash flow after a $1,953/mo obligation. Total monthly income equals $2,672/mo, and annual cash flow totals $1,845/yr on $132,269 invested. Return on cash invested prints 21.3% in year one, and rental yield reads 8.04% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 110.48% and total cumulative return in cash sums $146,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,672/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1992
44.30 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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