247 Burleigh Road, Bangor, ME, 04401 | $606/mo Cash Flow

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

Rental property for sale in Bangor at 247 Burleigh Road, Bangor, ME, 04401 priced at $342,500 converts $2,767/mo rent into $606/mo cash flow after a $1,676/mo obligation. Total monthly income equals $2,767/mo, and annual cash flow totals $7,269/yr on $113,539 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 9.69% against a $342,500 entry. Equity gained on principal adds $2,210/yr, while 5% annual appreciation compiles into $94,626 by year five. Five-year ROI reaches 137.33% and total cumulative return in cash sums $155,927. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,767/mo property income covering a $1,676/mo payment, not borrower’s personal income.

Single Family

Built in 1920

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,989 (100%)
Owner Occupied HU	11,478 (52.2%)
Renter Occupied HU	8,838 (40.2%)
Vacant Housing Units	1,673 ( 7.6%)
Median Home Value	$297,425
Average Home Value	$331,226