127 Barlen StreetFarmingtonME04938
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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 Farmington at 127 Barlen Street, Farmington, ME, 04938 earns from $1,500/mo rent with a $1,395/mo payment. Total monthly income totals $1,500/mo. ROI tracks 16.11% on current figures, and rental yield reads 6.32% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 82.68% and total cumulative return in cash sums $78,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1974
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04938, Farmington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,048 (100%) |
| Owner Occupied HU | 2,727 (54.0%) |
| Renter Occupied HU | 1,439 (28.5%) |
| Vacant Housing Units | 882 (17.5%) |
| Median Home Value | $271,206 |
| Average Home Value | $352,001 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,638
Multi-Family
338
Businesses
419
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Listed by: N/A • Selling Mountains Realty
Mls Name: Maine Listings
Mls ID: #1642118