86 Ohio Street,Millinocket,ME,04462

Investment Highlights

Investment property for sale in Millinocket at 86 Ohio Street, Millinocket, ME, 04462 listed at $179,900 pairs $1,364/mo rent with a $881/mo payment to leave $228/mo cash flow. Total monthly income runs $1,364/mo, and annual cash flow reaches $2,738/yr on $59,637 cash to close. Return on cash invested measures 24.5% in year one, and rental yield registers 9.1% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 127.69% and total cumulative return in cash totals $76,149. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,364/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).