275 Kennebec RoadHampdenME04444
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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 Hampden at 275 Kennebec Road, Hampden, ME, 04444 priced at $795,000 converts $2,189/mo rent into after a $3,891/mo obligation. Total monthly income equals $2,189/mo. Return on cash invested prints 7.08% in year one, and rental yield reads 3.3% against a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation compiles into $219,644 by year five. Five-year ROI reaches 34.2% and total cumulative return in cash sums $89,446. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,189/mo property income covering a $3,891/mo payment, not borrower’s personal income.
Single Family
Built in 1969
10.65 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,960
Single Family
3,910
Multi-Family
50
Businesses
240
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