89 Main RoadEddingtonME04428
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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
Investment property for sale in Eddington at 89 Main Road, Eddington, ME, 04428 uses $76,212 cash to close to unlock $2,152/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,630/mo, and a $1,125/mo payment keeps the spread at $179/mo. Purchase price stands at $229,900, and rental yield measures 8.51% with $1,630/mo rent. Return on cash invested shows 22.73% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 118.17% and total cumulative return in cash records $90,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,630/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1964
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04428, Eddington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,546 (100%) |
| Owner Occupied HU | 1,092 (70.6%) |
| Renter Occupied HU | 216 (14.0%) |
| Vacant Housing Units | 238 (15.4%) |
| Median Home Value | $368,792 |
| Average Home Value | $390,188 |
Housing Distribution
Address Breakdown
Residential
1,355
Single Family
1,315
Multi-Family
40
Businesses
43
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