245 Kennebunk RoadSanfordME04073
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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
Rental property for sale in Sanford at 245 Kennebunk Road, Sanford, ME, 04073 generates $3,329/mo in rent and, after a $2,124/mo payment, leaves $590/mo in cash flow. Total monthly income is $3,329/mo, and annual cash flow is $7,084/yr on $143,838 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 9.21% on a $433,900 entry. Equity gained on principal adds $2,800/yr, while 5% annual appreciation builds toward $119,879 over five years. Five-year ROI reaches 129.43% and total cumulative return in cash sums $186,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,329/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04073, Sanford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,136 (100%) |
| Owner Occupied HU | 4,936 (60.7%) |
| Renter Occupied HU | 2,604 (32.0%) |
| Vacant Housing Units | 596 ( 7.3%) |
| Median Home Value | $339,521 |
| Average Home Value | $423,443 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
7,088
Multi-Family
398
Businesses
589
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