2 Golden Grove LnFreeportME04032
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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 Freeport at 2 Golden Grove Ln, Freeport, ME, 04032 priced at $237,500 pairs $1,623/mo rent with $125/mo cash flow after a $1,162/mo payment. Total monthly income equals $1,623/mo, and annual cash flow comes to $1,494/yr on $78,731 invested. Return on cash invested is 21.81% in year one, and rental yield stands at 8.2% on a $237,500 basis. Equity gained on principal adds $1,533/yr, and 5% annual appreciation accumulates to $65,617 by year five. Five-year ROI measures 113.2% and total cumulative return in cash reaches $89,121. For financing, Ziffy Mortgage’s DSCR program evaluates $1,623/mo property income against a $1,162/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04032, Freeport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,124 (100%) |
| Owner Occupied HU | 3,053 (74.0%) |
| Renter Occupied HU | 685 (16.6%) |
| Vacant Housing Units | 386 ( 9.4%) |
| Median Home Value | $638,488 |
| Average Home Value | $737,943 |
Housing Distribution
Address Breakdown
Residential
3,782
Single Family
3,565
Multi-Family
217
Businesses
435
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