12 Appomattox RoadBrewerME04412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brewer at 12 Appomattox Road, Brewer, ME, 04412 priced at $419,000 converts $3,026/mo rent into $381/mo cash flow after a $2,051/mo obligation. Total monthly income equals $3,026/mo, and annual cash flow totals $4,577/yr on $138,899 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 8.67% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 120.69% and total cumulative return in cash sums $167,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,026/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 2002
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04412, Brewer, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 2,560 (56.8%) |
| Renter Occupied HU | 1,673 (37.1%) |
| Vacant Housing Units | 278 ( 6.2%) |
| Median Home Value | $295,455 |
| Average Home Value | $327,893 |
Housing Distribution
Address Breakdown
Residential
4,313
Single Family
3,944
Multi-Family
369
Businesses
603
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