12 Oak StreetCumberlandME04021
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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
Investment property for sale in Cumberland at 12 Oak Street, Cumberland, ME, 04021 with 5% annual appreciation on a $850,000 basis while $4,685/mo rent supports operations. 15% in year one. Equity gained on principal adds $5,485/yr, and five-year appreciation sums $234,839 alongside rental yield of 6.61%. Five-year ROI measures 88.15% and total cumulative return in cash totals $246,502. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,685/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04021, Cumberland Center, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,700 (100%) |
| Owner Occupied HU | 2,321 (86.0%) |
| Renter Occupied HU | 281 (10.4%) |
| Vacant Housing Units | 98 ( 3.6%) |
| Median Home Value | $638,582 |
| Average Home Value | $699,176 |
Housing Distribution
Address Breakdown
Residential
2,606
Single Family
2,566
Multi-Family
40
Businesses
165
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Listed by: N/A • Town & Shore Real Estate
Mls Name: Maine Listings
Mls ID: #1638496