17 Signal Street #I-1SanfordME04083
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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 Sanford at 17 Signal Street #I-1, Sanford, ME, 04083 priced at $439,900 converts $3,883/mo rent into $1,107/mo cash flow after a $2,153/mo obligation. Total monthly income equals $3,883/mo, and annual cash flow totals $13,282/yr on $145,827 invested. Return on cash invested prints 29.02% in year one, and rental yield reads 10.59% against a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,536 by year five. Five-year ROI reaches 151.84% and total cumulative return in cash sums $221,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,883/mo property income covering a $2,153/mo payment, not borrower’s personal income.
Condo
Built in 2025
8.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04083, Springvale, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,114 (100%) |
| Owner Occupied HU | 1,318 (62.3%) |
| Renter Occupied HU | 666 (31.5%) |
| Vacant Housing Units | 130 ( 6.1%) |
| Median Home Value | $416,379 |
| Average Home Value | $426,354 |
Housing Distribution
Address Breakdown
Residential
2,002
Single Family
1,904
Multi-Family
98
Businesses
159
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