1 Fisher RoadBowdoinhamME04008
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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 Bowdoinham at 1 Fisher Road, Bowdoinham, ME, 04008 with 5% annual appreciation on a $279,900 basis while $2,400/mo rent supports operations. Total monthly income totals $2,400/mo and a $1,370/mo payment preserves $633/mo for cash returns. Annual cash flow comes to $7,602/yr on $92,787 deployed, and return on cash invested reaches 28.1% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 10.29%. Five-year ROI measures 146.96% and total cumulative return in cash totals $136,357.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04008, Bowdoinham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,501 (100%) |
| Owner Occupied HU | 1,169 (77.9%) |
| Renter Occupied HU | 188 (12.5%) |
| Vacant Housing Units | 144 ( 9.6%) |
| Median Home Value | $427,358 |
| Average Home Value | $438,319 |
Housing Distribution
Address Breakdown
Residential
1,274
Single Family
1,249
Multi-Family
25
Businesses
62
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Listed by: N/A • Basin Point Real Estate
Mls Name: Maine Listings
Mls ID: #1632422