112 Main StreetTopshamME04086
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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 Topsham at 112 Main Street, Topsham, ME, 04086 offers $1,800/mo rent that, after a $1,273/mo payment, leaves $159/mo cash flow. Total monthly income is $1,800/mo, and annual cash flow is $1,904/yr on $86,190 cash. Return on cash invested measures 22.12% in year one, and rental yield stands at 8.31% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 114.87% and total cumulative return in cash reaches $99,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
10,018 sqft lot
$N/A/sqft
No HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2024-06-21 | Listed for sale | $260,000 |
| 2012-04-01 | Listing removed | $89,900 |
| 2012-03-07 | Price change | $89,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-16 | $2826.00 | 2.91% | $196,000 | 13.29% |
| 2021-10-16 | $2746.00 | N/A | $173,000 | N/A |
| 2020-10-16 | $2746.00 | 1.07% | $173,000 | 21.92% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1945
- Architectural Style: Other
- Building Area: 1,000
- Living Area: 1,000 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard
- Cooling: None
- Flooring: N/A
- Interior Features: 1st Floor Bedroom, Bathtub, Shower
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Other
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • RE/MAX Riverside
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1594344
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782