31 Davenport StMilfordME04461
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Milford at 31 Davenport St, Milford, ME, 04461 at $178,600 posts ROI 34.93% with $741/mo cash flow from $1,987/mo rent. Total monthly income equals $1,987/mo, and annual cash flow records $8,891/yr on $59,206 to close. Return on cash invested measures 34.93% and rental yield reads 13.35% at the current $178,600. Equity gained on principal adds $1,152/yr, and 5% annual appreciation supports $49,344 by year five. Five-year ROI prints 184.42% and total cumulative return in cash totals $109,185.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,987/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1930
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04461, Milford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,322 (100%) |
| Owner Occupied HU | 954 (72.2%) |
| Renter Occupied HU | 270 (20.4%) |
| Vacant Housing Units | 98 ( 7.4%) |
| Median Home Value | $216,000 |
| Average Home Value | $209,746 |
Housing Distribution
Address Breakdown
Residential
943
Single Family
943
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices