315 Hampden RoadCarmelME04419
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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 Carmel at 315 Hampden Road, Carmel, ME, 04419 uses $114,334 cash to close to unlock $5,693/yr annual cash flow and $474/mo monthly cash flow. Total monthly income runs $2,651/mo, and a $1,688/mo payment keeps the spread at $474/mo. Purchase price stands at $344,900, and rental yield measures 9.22% with $2,651/mo rent. Return on cash invested shows 24.89% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 129.72% and total cumulative return in cash records $148,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,651/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04419, Carmel, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 929 (74.4%) |
| Renter Occupied HU | 231 (18.5%) |
| Vacant Housing Units | 89 ( 7.1%) |
| Median Home Value | $288,904 |
| Average Home Value | $310,011 |
Housing Distribution
Address Breakdown
Residential
1,186
Single Family
1,186
Multi-Family
0
Businesses
46
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