14 BLT LaneFarmingdaleME04344
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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 Farmingdale at 14 BLT Lane, Farmingdale, ME, 04344 generates $2,204/mo in rent, after a $2,447/mo payment. Total monthly income is $2,204/mo. Return on cash invested sits at 13.02% in year one, and rental yield is 5.29% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 66.06% and total cumulative return in cash sums $109,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,204/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04344, Farmingdale, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 944 (67.2%) |
| Renter Occupied HU | 379 (27.0%) |
| Vacant Housing Units | 81 ( 5.8%) |
| Median Home Value | $245,200 |
| Average Home Value | $253,763 |
Housing Distribution
Address Breakdown
Residential
1,392
Single Family
1,285
Multi-Family
107
Businesses
96
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Listed by: N/A • Your Home Sold Guaranteed Realty
Mls Name: Maine Listings
Mls ID: #1635244