714 W Old Town RoadOld TownME04468
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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
Investment property for sale in Old Town at 714 W Old Town Road, Old Town, ME, 04468 uses $162,104 cash to close to unlock $3,051/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $3,340/mo, and a $2,393/mo payment keeps the spread at $254/mo. Purchase price stands at $489,000, and rental yield measures 8.2% with $3,340/mo rent. Return on cash invested shows 21.79% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 113.11% and total cumulative return in cash records $183,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,340/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 1996
7.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04468, Old Town, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,815 (100%) |
| Owner Occupied HU | 2,594 (53.9%) |
| Renter Occupied HU | 1,644 (34.1%) |
| Vacant Housing Units | 577 (12.0%) |
| Median Home Value | $218,286 |
| Average Home Value | $246,887 |
Housing Distribution
Address Breakdown
Residential
4,245
Single Family
4,000
Multi-Family
245
Businesses
202
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