8 Cove RoadPrincetonME04668
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Princeton at 8 Cove Road, Princeton, ME, 04668 priced at $825,000 pairs $0/mo rent with after a $4,038/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.96% in year one, and rental yield stands at 0% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04668, Princeton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 589 (50.9%) |
| Renter Occupied HU | 145 (12.5%) |
| Vacant Housing Units | 424 (36.6%) |
| Median Home Value | $136,919 |
| Average Home Value | $182,967 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
496
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices