9 Maple StreetEast MillinocketME04430
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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 East Millinocket at 9 Maple Street, East Millinocket, ME, 04430 listed at $199,500 pairs $1,589/mo rent with a $976/mo payment to leave $330/mo cash flow. Total monthly income runs $1,589/mo, and annual cash flow reaches $3,964/yr on $66,134 cash to close. Return on cash invested measures 25.9% in year one, and rental yield registers 9.56% at a $199,500 basis. Equity gained on principal adds $1,287/yr, and annual property appreciation at 5% supports $55,118 by year five. Five-year ROI tracks 135.19% and total cumulative return in cash totals $89,407. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,589/mo property income relative to a $976/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04430, East Millinocket, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 862 (100%) |
| Owner Occupied HU | 576 (66.8%) |
| Renter Occupied HU | 183 (21.2%) |
| Vacant Housing Units | 103 (11.9%) |
| Median Home Value | $70,556 |
| Average Home Value | $109,588 |
Housing Distribution
Address Breakdown
Residential
765
Single Family
752
Multi-Family
13
Businesses
50
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Listed by: N/A • North Woods Real Estate, LLC
Mls Name: Maine Listings
Mls ID: #1639909