21 New RdArundelME04046
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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
Total monthly income runs $3,544/mo, and a $2,768/mo payment. Purchase price stands at $565,600, and rental yield measures 7.52% with $3,544/mo rent. Return on cash invested shows 19.9% in year one, and 5% annual appreciation builds toward $156,265 over five years. Five-year ROI reaches 102.9% and total cumulative return in cash records $191,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,544/mo property income covering a $2,768/mo payment rather than investor’s personal income.
Single Family
Built in 2013
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,207 (59.8%) |
| Renter Occupied HU | 482 ( 9.0%) |
| Vacant Housing Units | 1,678 (31.3%) |
| Median Home Value | $661,109 |
| Average Home Value | $817,945 |
Housing Distribution
Address Breakdown
Residential
3,756
Single Family
3,735
Multi-Family
21
Businesses
225
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