99 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
Investment property for sale in Penobscot at 99 Southern Bay Road, Penobscot, ME, 04476 listed at $595,000 pairs $2,826/mo rent with a $2,912/mo payment. Total monthly income runs $2,826/mo. Return on cash invested measures 14.37% in year one, and rental yield registers 5.7% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 73.26% and total cumulative return in cash totals $143,414. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,826/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
1.80 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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