792 West RoadPortage LakeME04768
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 Portage Lake at 792 West Road, Portage Lake, ME, 04768 priced at $425,000 pairs $1,976/mo rent with after a $2,080/mo payment. Total monthly income equals $1,976/mo. Return on cash invested is 13.89% in year one, and rental yield stands at 5.58% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 70.75% and total cumulative return in cash reaches $99,677. For financing, Ziffy Mortgage’s DSCR program evaluates $1,976/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04768, Portage, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 473 (100%) |
| Owner Occupied HU | 145 (30.7%) |
| Renter Occupied HU | 43 ( 9.1%) |
| Vacant Housing Units | 285 (60.3%) |
| Median Home Value | $202,083 |
| Average Home Value | $229,293 |
Housing Distribution
Address Breakdown
Residential
43
Single Family
43
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX County
Mls Name: Maine Listings
Mls ID: #1630542