3 Baker RoadVassalboroME04989
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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
Investment property for sale in Vassalboro at 3 Baker Road, Vassalboro, ME, 04989 earns from $1,620/mo rent with a $2,129/mo payment. Total monthly income totals $1,620/mo. ROI tracks 10.54% on current figures, and rental yield reads 4.47% at a $434,900 purchase. Equity gained on principal adds $2,806/yr, and 5% annual appreciation supports $120,155 over five years. Five-year ROI reaches 52.77% and total cumulative return in cash sums $76,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,654 (72.4%) |
| Renter Occupied HU | 326 (14.3%) |
| Vacant Housing Units | 306 (13.4%) |
| Median Home Value | $265,233 |
| Average Home Value | $286,267 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,860
Multi-Family
13
Businesses
29
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Listed by: N/A • Tim Dunham Realty
Mls Name: Maine Listings
Mls ID: #1633444