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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Biddeford at 3 Indian Ridge Dr, Biddeford, ME, 04005 at $609,600 posts ROI 20.9% with $140/mo cash flow from $3,988/mo rent. Total monthly income equals $3,988/mo, and annual cash flow records $1,685/yr on $200,558 to close. Return on cash invested measures 20.9% and rental yield reads 7.85% at the current $609,600. Equity gained on principal adds $3,934/yr, and 5% annual appreciation supports $168,421 by year five. Five-year ROI prints 108.3% and total cumulative return in cash totals $217,202.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,988/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,793 (100%) |
| Owner Occupied HU | 5,606 (47.5%) |
| Renter Occupied HU | 5,202 (44.1%) |
| Vacant Housing Units | 985 ( 8.4%) |
| Median Home Value | $455,712 |
| Average Home Value | $523,001 |
Residential
11,059
Single Family
10,077
Multi-Family
982
Businesses
987
Date | Event | Price |
|---|---|---|
| 2025-07-14 | Listing removed | $598,000 |
| 2025-07-10 | Listed for sale | $598,000 |
| 1997-05-15 | Sold | $152,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $5152.00 | N/A | $392,700 | N/A |
| 2023-10-13 | $5152.00 | 3.10% | $392,700 | 28.97% |
| 2022-10-13 | $4997.00 | 6.41% | $304,500 | 18.21% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
