199 Bomarc Road UNIT 9BangorME04401
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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 Bangor at 199 Bomarc Road UNIT 9, Bangor, ME, 04401 generates $1,750/mo in rent and, after a $1,199/mo payment, leaves $37/mo in cash flow. Total monthly income is $1,750/mo, and annual cash flow is $446/yr on $81,218 invested. Return on cash invested sits at 20.46% in year one, and rental yield is 8.57% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash sums $86,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,750/mo property income rather than buyer’s personal income.
Condo
Built in 2008
1 Acres lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,989 (100%) |
| Owner Occupied HU | 11,478 (52.2%) |
| Renter Occupied HU | 8,838 (40.2%) |
| Vacant Housing Units | 1,673 ( 7.6%) |
| Median Home Value | $297,425 |
| Average Home Value | $331,226 |
Housing Distribution
Address Breakdown
Residential
20,842
Single Family
18,666
Multi-Family
2,176
Businesses
2,184
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Listed by: N/A • ERA Dawson-Bradford Co.
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1614905
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782