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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Scarborough at 144 Spurwink Road (Parcel 1 and 2), Scarborough, ME, 04074 listed at $1,495,000 pairs $5,394/mo rent with a $7,317/mo payment. Total monthly income runs $5,394/mo. Return on cash invested measures 10.36% in year one, and rental yield registers 4.33% at a $1,495,000 basis. Equity gained on principal adds $9,647/yr, and annual property appreciation at 5% supports $413,041 by year five. Five-year ROI tracks 51.7% and total cumulative return in cash totals $250,429. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,394/mo property income relative to a $7,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
16.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
| 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 |
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls ID: #1639447
