212 West Street, Biddeford, ME, 04005 | $403/mo Cash Flow

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212 West Street, Biddeford, ME, 04005 | $403/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Biddeford at 212 West Street, Biddeford, ME, 04005 listed at $389,000 pairs $2,858/mo rent with a $1,904/mo payment to leave $403/mo cash flow. Total monthly income runs $2,858/mo, and annual cash flow reaches $4,835/yr on $128,954 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 8.82% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 123.11% and total cumulative return in cash totals $158,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,858/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1952

1.10 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully updated 2-3 bedroom ranch nestled on a spacious 1.1-acre lot in Biddeford. Featuring a newer furnace, fresh flooring, and updated paint throughout, this home blends comfort and style with low-maintenance ease. Whether you're starting out, downsizing, or looking for a Maine retreat, this property is move-in ready. If this home fell from the sky, it couldn't have landed in a better spotequidistant to vibrant downtown Biddeford, the serene sands of Fortunes Rocks Beach, the University of New England, shopping centers, and quick access to the Maine Turnpike. The generous yard offers endless possibilitiesplant a garden, let the kids run free, or simply relax and enjoy the open space. Flexible living space inside provides options for a third bedroom, home office, or den. A rare blend of privacy, convenience, and charmthis is Maine living at its best.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,793 (100%)
Owner Occupied HU	5,606 (47.5%)
Renter Occupied HU	5,202 (44.1%)
Vacant Housing Units	985 ( 8.4%)
Median Home Value	$455,712
Average Home Value	$523,001