Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Scarborough at 112 Payne Road, Scarborough, ME, 04074 priced at $899,000 converts $7,273/mo rent into $1,599/mo cash flow after a $4,400/mo obligation. Total monthly income equals $7,273/mo, and annual cash flow totals $19,193/yr on $295,771 invested. Return on cash invested prints 26.55% in year one, and rental yield reads 9.71% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 138.58% and total cumulative return in cash sums $409,894. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,273/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1850
3.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
| 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 |
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
Date | Event | Price |
|---|---|---|
| 2024-08-27 | Price change | $899,000 |
| 2024-07-11 | Listed for sale | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $7744.00 | 3.56% | $503,200 | N/A |
| 2020-11-11 | $7478.00 | 5.23% | $503,200 | N/A |
| 2019-11-11 | $7106.05 | 60.26% | $503,200 | 87.13% |
Listed by: N/A • RE/MAX Shoreline
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1596549
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
