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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Biddeford at 1 Tide Water Drive, Biddeford, ME, 04005 offers a 4.17% rental yield on a $1,250,000 purchase with $4,344/mo rent. 87% in year one. Equity gained on principal adds $8,066/yr while 5% annual appreciation supports $345,352 over five years. Portfolio math shows five-year ROI at 49.06% and total cumulative return in cash at $198,697. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,344/mo property income against a $6,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,793 (100%) |
| Owner Occupied HU | 5,606 (47.5%) |
| Renter Occupied HU | 5,202 (44.1%) |
| Vacant Housing Units | 985 ( 8.4%) |
| Median Home Value | $455,712 |
| Average Home Value | $523,001 |
Residential
11,059
Single Family
10,077
Multi-Family
982
Businesses
987
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Bedard Homes and Realty
Mls Name: Maine Listings
Mls ID: #1643639
