98 Waning RoadUnityME04988
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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 Unity at 98 Waning Road, Unity, ME, 04988 offers $2,491/mo rent that, after a $2,100/mo payment. Total monthly income is $2,491/mo. Return on cash invested measures 18.08% in year one, and rental yield stands at 6.97% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 93.21% and total cumulative return in cash reaches $132,553. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,491/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04988, Unity, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 919 (100%) |
| Owner Occupied HU | 506 (55.1%) |
| Renter Occupied HU | 248 (27.0%) |
| Vacant Housing Units | 165 (18.0%) |
| Median Home Value | $338,158 |
| Average Home Value | $393,394 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
582
Multi-Family
55
Businesses
97
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