113 Pratt RoadBowdoinhamME04008
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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 Bowdoinham at 113 Pratt Road, Bowdoinham, ME, 04008 generates $3,730/mo in rent and, after a $2,264/mo payment, leaves $811/mo in cash flow. Total monthly income is $3,730/mo, and annual cash flow is $9,729/yr on $153,319 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 9.68% on a $462,500 entry. Equity gained on principal adds $2,984/yr, while 5% annual appreciation builds toward $127,780 over five years. Five-year ROI reaches 137.04% and total cumulative return in cash sums $210,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,730/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
6.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04008, Bowdoinham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,501 (100%) |
| Owner Occupied HU | 1,169 (77.9%) |
| Renter Occupied HU | 188 (12.5%) |
| Vacant Housing Units | 144 ( 9.6%) |
| Median Home Value | $427,358 |
| Average Home Value | $438,319 |
Housing Distribution
Address Breakdown
Residential
1,274
Single Family
1,249
Multi-Family
25
Businesses
62
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Listed by: N/A • Hearth & Key Realty
Mls Name: Maine Listings
Mls ID: #1627474