193 Main StreetCumberlandME04021
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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 Cumberland at 193 Main Street, Cumberland, ME, 04021 earns $230/mo cash flow from $4,200/mo rent with a $3,079/mo payment. Total monthly income totals $4,200/mo, and annual cash flow totals $2,759/yr on $206,941 capital. ROI tracks 21.39% on current figures, and rental yield reads 8.01% at a $629,000 purchase. Equity gained on principal adds $4,059/yr, and 5% annual appreciation supports $173,781 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash sums $229,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Single Family
Built in 1945
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04021, Cumberland Center, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,700 (100%) |
| Owner Occupied HU | 2,321 (86.0%) |
| Renter Occupied HU | 281 (10.4%) |
| Vacant Housing Units | 98 ( 3.6%) |
| Median Home Value | $638,582 |
| Average Home Value | $699,176 |
Housing Distribution
Address Breakdown
Residential
2,606
Single Family
2,566
Multi-Family
40
Businesses
165
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Listed by: N/A • RE/MAX By The Bay
Mls Name: Maine Listings
Mls ID: #1637456