1 Stratton Road #1ScarboroughME04074
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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 Scarborough at 1 Stratton Road #1, Scarborough, ME, 04074 priced at $379,900 pairs $2,545/mo rent with $148/mo cash flow after a $1,859/mo payment. Total monthly income equals $2,545/mo, and annual cash flow comes to $1,774/yr on $125,937 invested. Return on cash invested is 21.32% in year one, and rental yield stands at 8.04% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 110.55% and total cumulative return in cash reaches $139,217. For financing, Ziffy Mortgage’s DSCR program evaluates $2,545/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 7,257 (66.1%) |
| Renter Occupied HU | 2,431 (22.1%) |
| Vacant Housing Units | 1,292 (11.8%) |
| Median Home Value | $610,244 |
| Average Home Value | $700,977 |
Housing Distribution
Address Breakdown
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
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Listed by: N/A • Brookewood Realty
Mls Name: Maine Listings
Mls ID: #1639092