193 Parkway North NBrewerME04412
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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 Brewer at 193 Parkway North N, Brewer, ME, 04412 listed at $290,000 pairs $2,021/mo rent with a $1,419/mo payment to leave $191/mo cash flow. Total monthly income runs $2,021/mo, and annual cash flow reaches $2,294/yr on $96,135 cash to close. Return on cash invested measures 22.3% in year one, and rental yield registers 8.36% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 115.84% and total cumulative return in cash totals $111,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,021/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04412, Brewer, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 2,560 (56.8%) |
| Renter Occupied HU | 1,673 (37.1%) |
| Vacant Housing Units | 278 ( 6.2%) |
| Median Home Value | $295,455 |
| Average Home Value | $327,893 |
Housing Distribution
Address Breakdown
Residential
4,313
Single Family
3,944
Multi-Family
369
Businesses
603
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