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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bangor at 85 Walter Street UNIT 1, 2, Bangor, ME, 04401 priced at $325,000 converts $2,640/mo rent into $589/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,640/mo, and annual cash flow totals $7,063/yr on $107,738 invested. Return on cash invested prints 26.46% in year one, and rental yield reads 9.75% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 138.16% and total cumulative return in cash sums $148,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,640/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Multi Family
Built in 1850
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,989 (100%) |
| Owner Occupied HU | 11,478 (52.2%) |
| Renter Occupied HU | 8,838 (40.2%) |
| Vacant Housing Units | 1,673 ( 7.6%) |
| Median Home Value | $297,425 |
| Average Home Value | $331,226 |
Residential
20,842
Single Family
18,666
Multi-Family
2,176
Businesses
2,184
Date | Event | Price |
|---|---|---|
| 2025-02-27 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1615073
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
