14 Federal Way UNIT 14ScarboroughME04074
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Scarborough at 14 Federal Way UNIT 14, Scarborough, ME, 04074 earns from $3,793/mo rent with a $3,128/mo payment. Total monthly income totals $3,793/mo. ROI tracks 16.86% on current figures, and rental yield reads 7.12% at a $639,000 purchase. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 over five years. Five-year ROI reaches 87.29% and total cumulative return in cash sums $183,520. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,793/mo property income instead of your personal income.
Condo
Built in 2018
2,178 sqft lot
$N/A/sqft
$320 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 7,257 (66.1%) |
| Renter Occupied HU | 2,431 (22.1%) |
| Vacant Housing Units | 1,292 (11.8%) |
| Median Home Value | $610,244 |
| Average Home Value | $700,977 |
Housing Distribution
Address Breakdown
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
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Nearby investment properties with comparable prices
Listed by: N/A • Conlon Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1606313
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