924 Great Pond RoadGreat PondME04408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Great Pond at 924 Great Pond Road, Great Pond, ME, 04408 generates $2,550/mo in rent and, after a $1,297/mo payment, leaves $878/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $10,531/yr on $87,848 invested. Return on cash invested sits at 31.9% in year one, and rental yield is 11.55% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 167.3% and total cumulative return in cash sums $146,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
11.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04408, Aurora, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 164 (100%) |
| Owner Occupied HU | 64 (39.0%) |
| Renter Occupied HU | 7 ( 4.3%) |
| Vacant Housing Units | 93 (56.7%) |
| Median Home Value | $303,846 |
| Average Home Value | $314,375 |
Housing Distribution
Address Breakdown
Residential
67
Single Family
67
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group
Mls Name: Maine Listings
Mls ID: #1647194