118 Marden Shore RoadAlbionME04910
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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 Albion at 118 Marden Shore Road, Albion, ME, 04910 generates $2,209/mo in rent and, after a $1,429/mo payment, leaves $366/mo in cash flow. Total monthly income is $2,209/mo, and annual cash flow is $4,398/yr on $96,765 invested. Return on cash invested sits at 24.45% in year one, and rental yield is 9.08% on a $291,900 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation builds toward $80,647 over five years. Five-year ROI reaches 127.39% and total cumulative return in cash sums $123,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,209/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04910, Albion, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 985 (100%) |
| Owner Occupied HU | 743 (75.4%) |
| Renter Occupied HU | 140 (14.2%) |
| Vacant Housing Units | 102 (10.4%) |
| Median Home Value | $226,458 |
| Average Home Value | $249,583 |
Housing Distribution
Address Breakdown
Residential
814
Single Family
798
Multi-Family
16
Businesses
31
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