12 George AvenueSanfordME04073
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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 Sanford at 12 George Avenue, Sanford, ME, 04073 priced at $395,000 pairs $3,366/mo rent with $873/mo cash flow after a $1,933/mo payment. Total monthly income equals $3,366/mo, and annual cash flow comes to $10,481/yr on $130,943 invested. Return on cash invested is 27.91% in year one, and rental yield stands at 10.23% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 145.95% and total cumulative return in cash reaches $191,106. For financing, Ziffy Mortgage’s DSCR program evaluates $3,366/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04073, Sanford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,136 (100%) |
| Owner Occupied HU | 4,936 (60.7%) |
| Renter Occupied HU | 2,604 (32.0%) |
| Vacant Housing Units | 596 ( 7.3%) |
| Median Home Value | $339,521 |
| Average Home Value | $423,443 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
7,088
Multi-Family
398
Businesses
589
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