1 Brousseau DrOld Orchard BeachME04064
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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 Old Orchard Beach at 1 Brousseau Dr, Old Orchard Beach, ME, 04064 priced at $119,000 pairs $899/mo rent with after a $582/mo payment. Total monthly income equals $899/mo. Return on cash invested is 3.04% in year one, and rental yield stands at 9.07% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 20.36% and total cumulative return in cash reaches $8,033. For financing, Ziffy Mortgage’s DSCR program evaluates $899/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
$703 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04064, Old Orchard Beach, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 3,397 (48.5%) |
| Renter Occupied HU | 1,513 (21.6%) |
| Vacant Housing Units | 2,088 (29.8%) |
| Median Home Value | $437,987 |
| Average Home Value | $477,398 |
Housing Distribution
Address Breakdown
Residential
6,370
Single Family
5,809
Multi-Family
561
Businesses
355
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Listed by: Kathee Somes • Mobile Home Brokers Unlimited
Mls Name: My State MLS
Mls ID: #11563197