Map3Lot38B Main RoadPassadumkeagME04475
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 Passadumkeag at Map3Lot38B Main Road, Passadumkeag, ME, 04475 generates $1,946/mo in rent, after a $1,610/mo payment. Total monthly income is $1,946/mo. Return on cash invested sits at 18.48% in year one, and rental yield is 7.1% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 95.32% and total cumulative return in cash sums $103,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,946/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
13.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04475, Passadumkeag, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 138 (69.0%) |
| Renter Occupied HU | 20 ( 10.0%) |
| Vacant Housing Units | 42 (21.0%) |
| Median Home Value | $125,000 |
| Average Home Value | $151,667 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
119
Multi-Family
9
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls ID: #1639543