14 Blackberry LaneFreeportME04032
Nearby investment properties with comparable rents
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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
Rental property for sale in Freeport at 14 Blackberry Lane, Freeport, ME, 04032 generates $3,900/mo in rent, after a $3,585/mo payment. Total monthly income is $3,900/mo. Return on cash invested sits at 16.46% in year one, and rental yield is 6.39% on a $732,500 entry. Equity gained on principal adds $4,727/yr, while 5% annual appreciation builds toward $202,376 over five years. Five-year ROI reaches 84.49% and total cumulative return in cash sums $203,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,900/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
3.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04032, Freeport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,124 (100%) |
| Owner Occupied HU | 3,053 (74.0%) |
| Renter Occupied HU | 685 (16.6%) |
| Vacant Housing Units | 386 ( 9.4%) |
| Median Home Value | $638,488 |
| Average Home Value | $737,943 |
Housing Distribution
Address Breakdown
Residential
3,782
Single Family
3,565
Multi-Family
217
Businesses
435
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Nearby investment properties with comparable prices
Listed by: N/A • Real Broker
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1605301
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782