105 Union Avenue, Old Orchard Beach, ME, 04064 | 3.63% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,603/mo, and a $5,824/mo payment. Purchase price stands at $1,190,000, and rental yield measures 3.63% with $3,603/mo rent. Return on cash invested shows 8.21% in year one, and 5% annual appreciation builds toward $328,775 over five years. Five-year ROI reaches 40.18% and total cumulative return in cash records $154,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,603/mo property income covering a $5,824/mo payment rather than investor’s personal income.

Multi Family

Built in 1900

0.25 Acres lot

$N/A/sqft

No 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