1 Barque RoadBathME04530
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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 Bath at 1 Barque Road, Bath, ME, 04530 priced at $395,000 converts $2,873/mo rent into $380/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,873/mo, and annual cash flow totals $4,565/yr on $130,943 invested. Return on cash invested prints 23.4% in year one, and rental yield reads 8.73% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 121.72% and total cumulative return in cash sums $159,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,873/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,152 (100%) |
| Owner Occupied HU | 3,485 (56.6%) |
| Renter Occupied HU | 1,955 (31.8%) |
| Vacant Housing Units | 712 (11.6%) |
| Median Home Value | $374,912 |
| Average Home Value | $480,148 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
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