








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in York at 21 Fernald Avenue #C, York, ME, 03909 offers a 9.67% rental yield on a $595,000 purchase with $4,796/mo rent. Total monthly income registers $4,796/mo, and a $2,912/mo payment leaves $1,041/mo available for distribution. Annual cash flow reaches $12,493/yr on $195,755 to close, and return on cash invested stands at 26.44% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 138.03% and total cumulative return in cash at $270,194. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,796/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1900
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03909, York, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,891 (100%) |
| Owner Occupied HU | 4,276 (54.2%) |
| Renter Occupied HU | 783 ( 9.9%) |
| Vacant Housing Units | 2,832 (35.9%) |
| Median Home Value | $644,778 |
| Average Home Value | $741,313 |
Residential
4,734
Single Family
4,531
Multi-Family
203
Businesses
474
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • Real Broker
Mls Name: Maine Listings
Mls ID: #1622383