169 West Shore RoadFarmingtonME04938
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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 Farmington at 169 West Shore Road, Farmington, ME, 04938 with 5% annual appreciation on a $549,000 basis while $1,500/mo rent supports operations. 01% in year one. Equity gained on principal adds $3,543/yr, and five-year appreciation sums $151,679 alongside rental yield of 3.28%. Five-year ROI measures 33.79% and total cumulative return in cash totals $61,040. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,500/mo property income versus a $2,687/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04938, Farmington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,048 (100%) |
| Owner Occupied HU | 2,727 (54.0%) |
| Renter Occupied HU | 1,439 (28.5%) |
| Vacant Housing Units | 882 (17.5%) |
| Median Home Value | $271,206 |
| Average Home Value | $352,001 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,638
Multi-Family
338
Businesses
419
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Listed by: N/A • Palmer Realty Group
Mls Name: Maine Listings
Mls ID: #1641900