167 Campground RoadArundelME04046
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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 Arundel at 167 Campground Road, Arundel, ME, 04046 priced at $329,000 converts $2,352/mo rent into $276/mo cash flow after a $1,610/mo obligation. Total monthly income equals $2,352/mo, and annual cash flow totals $3,311/yr on $109,064 invested. Return on cash invested prints 22.94% in year one, and rental yield reads 8.58% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 119.28% and total cumulative return in cash sums $130,089. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,352/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 1980
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,207 (59.8%) |
| Renter Occupied HU | 482 ( 9.0%) |
| Vacant Housing Units | 1,678 (31.3%) |
| Median Home Value | $661,109 |
| Average Home Value | $817,945 |
Housing Distribution
Address Breakdown
Residential
3,756
Single Family
3,735
Multi-Family
21
Businesses
225
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