13 High StreetFairfieldME04937
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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 Fairfield at 13 High Street, Fairfield, ME, 04937 listed at $344,900 pairs $2,898/mo rent with a $1,688/mo payment to leave $721/mo cash flow. Total monthly income runs $2,898/mo, and annual cash flow reaches $8,657/yr on $114,334 cash to close. Return on cash invested measures 27.48% in year one, and rental yield registers 10.08% at a $344,900 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,290 by year five. Five-year ROI tracks 143.62% and total cumulative return in cash totals $164,205. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,898/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04937, Fairfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,005 (100%) |
| Owner Occupied HU | 2,098 (69.8%) |
| Renter Occupied HU | 709 (23.6%) |
| Vacant Housing Units | 198 ( 6.6%) |
| Median Home Value | $187,090 |
| Average Home Value | $211,345 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,717
Multi-Family
59
Businesses
175
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