144-A Spurwink Road (Parcel 1)ScarboroughME04074
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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 Scarborough at 144-A Spurwink Road (Parcel 1), Scarborough, ME, 04074 earns from $5,018/mo rent with a $6,338/mo payment. Total monthly income totals $5,018/mo. ROI tracks 11.35% on current figures, and rental yield reads 4.65% at a $1,295,000 purchase. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 over five years. Five-year ROI reaches 57% and total cumulative return in cash sums $239,166. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,018/mo property income instead of your personal income.
Single Family
Built in 1983
4.40 Acres lot
$N/A/sqft
No 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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Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls ID: #1639449