797 E Pittston RoadPittstonME04345
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 Pittston at 797 E Pittston Road, Pittston, ME, 04345 priced at $249,900 pairs $1,731/mo rent with $154/mo cash flow after a $1,223/mo payment. Total monthly income equals $1,731/mo, and annual cash flow comes to $1,848/yr on $82,842 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 8.31% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 114.94% and total cumulative return in cash reaches $95,222. For financing, Ziffy Mortgage’s DSCR program evaluates $1,731/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2018
1 Acres 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 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,274
Multi-Family
160
Businesses
297
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