11 King Street, Biddeford, ME, 04005 | 3.39% Rental Yield

For Sale

Currently Rented

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

Investment property for sale in Biddeford at 11 King Street, Biddeford, ME, 04005 offers a 3.39% rental yield on a $909,900 purchase with $2,567/mo rent. 33% in year one. Equity gained on principal adds $5,871/yr while 5% annual appreciation supports $251,389 over five years. Portfolio math shows five-year ROI at 35.5% and total cumulative return in cash at $106,284. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,567/mo property income against a $4,454/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1920

3,920 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.

Housing Distribution

Housing Statistics

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