136 Davis RoadFarmingtonME04938
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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 136 Davis Road, Farmington, ME, 04938 uses $116,025 cash to close to unlock $5,078/yr annual cash flow and $423/mo monthly cash flow. Total monthly income runs $2,632/mo, and a $1,713/mo payment keeps the spread at $423/mo. Purchase price stands at $350,000, and rental yield measures 9.02% with $2,632/mo rent. Return on cash invested shows 24.29% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 126.49% and total cumulative return in cash records $146,762. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,632/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1978
2.40 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 • LAER
Mls Name: Maine Listings
Mls ID: #1632519