3 Farwell DriveRaymondME04071
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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 Raymond at 3 Farwell Drive, Raymond, ME, 04071 uses $176,015 cash to close to unlock $8,593/yr annual cash flow and $716/mo monthly cash flow. Total monthly income runs $4,093/mo, and a $2,619/mo payment keeps the spread at $716/mo. Purchase price stands at $535,000, and rental yield measures 9.18% with $4,093/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 129.99% and total cumulative return in cash records $228,796. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,093/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 2003
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04071, Raymond, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,212 (100%) |
| Owner Occupied HU | 1,975 (46.9%) |
| Renter Occupied HU | 260 ( 6.2%) |
| Vacant Housing Units | 1,977 (46.9%) |
| Median Home Value | $601,147 |
| Average Home Value | $769,292 |
Housing Distribution
Address Breakdown
Residential
2,356
Single Family
2,332
Multi-Family
24
Businesses
144
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