9 Elwell PointSouth ThomastonME04858
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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 South Thomaston at 9 Elwell Point, South Thomaston, ME, 04858 with 5% annual appreciation on a $1,846,900 basis while $3,432/mo rent supports operations. 88% in year one. Equity gained on principal adds $11,918/yr, and five-year appreciation sums $510,264 alongside rental yield of 2.23%. Five-year ROI measures 16.93% and total cumulative return in cash totals $101,328. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,432/mo property income versus a $9,040/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04858, South Thomaston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 619 (61.8%) |
| Renter Occupied HU | 113 (11.3%) |
| Vacant Housing Units | 270 (26.9%) |
| Median Home Value | $416,400 |
| Average Home Value | $463,514 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
31
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Listed by: N/A • N/A
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