200 Main StFreeportME04032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 200 Main St, Freeport, ME, 04032 priced at $635,100 converts $2,419/mo rent into after a $3,109/mo obligation. Total monthly income equals $2,419/mo. Return on cash invested prints 10.94% in year one, and rental yield reads 4.57% against a $635,100 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation compiles into $175,466 by year five. Five-year ROI reaches 54.87% and total cumulative return in cash sums $114,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,419/mo property income covering a $3,109/mo payment, not borrower’s personal income.
Multi Family
Built in 1880
0.49 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices