23 Ichabod Lane, Hampden, ME, 04444 | 5.4% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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23 Ichabod Lane, Hampden, ME, 04444 | 5.4% Rental Yield | 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 Hampden at 23 Ichabod Lane, Hampden, ME, 04444 at $399,900 posts ROI 13.36% with from $1,800/mo rent. Total monthly income equals $1,800/mo. Return on cash invested measures 13.36% and rental yield reads 5.4% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 67.9% and total cumulative return in cash totals $90,008. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1972

2 Acres lot

$N/A/sqft

No HOA

More details about the property

Are you seeking a newly renovated home without the hassle of waiting for construction to finish? This stunning residence has undergone a meticulous, high-quality remodel, carefully crafted by a local contractor. Every detail from the siding to the roof, electrical and plumbing systems, insulation, paint, stairs, flooring, cabinets, and granite countertops, has been thoughtfully upgraded for you. Situated on 2 acres of land, this charming home offers a peaceful living experience. Upon entering, you'll appreciate the bright open concept design, featuring a kitchen with stainless appliances, dining area and charming living room, complete with a convenient rear door accessing the spacious deck, overlooking the property. Single floor living is a possibility with two lovely bedrooms, a bathroom and a laundry room situated on the main level. For a larger family or if additional space is needed, the fully finished lower level consists of a large bedroom, inviting family room, and Jack and Jill bathroom. An oversized, two car garage and serene backyard with a small farm pond add to this properties allure. Following the contractors diligent attention to detail and the completion of local inspections, this home is ready for immediate occupancy.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04444, Hampden, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,267 (100%)
Owner Occupied HU	3,328 (78.0%)
Renter Occupied HU	721 (16.9%)
Vacant Housing Units	218 ( 5.1%)
Median Home Value	$367,032
Average Home Value	$397,760