94 Southern Bay RoadPenobscotME04476
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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
Rental property for sale in Penobscot at 94 Southern Bay Road, Penobscot, ME, 04476 priced at $425,000 converts $3,394/mo rent into $712/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,394/mo, and annual cash flow totals $8,543/yr on $140,888 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 9.58% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 135.52% and total cumulative return in cash sums $190,925. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,394/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04476, Penobscot, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 913 (100%) |
| Owner Occupied HU | 547 (59.9%) |
| Renter Occupied HU | 68 ( 7.4%) |
| Vacant Housing Units | 298 (32.6%) |
| Median Home Value | $394,000 |
| Average Home Value | $427,541 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
584
Multi-Family
0
Businesses
27
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