321 Eastern AvenueBrewerME04412
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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
Rental property for sale in Brewer at 321 Eastern Avenue, Brewer, ME, 04412 priced at $635,000 converts $4,484/mo rent into $476/mo cash flow after a $3,108/mo obligation. Total monthly income equals $4,484/mo, and annual cash flow totals $5,717/yr on $208,915 invested. Return on cash invested prints 22.8% in year one, and rental yield reads 8.47% against a $635,000 entry. Equity gained on principal adds $4,098/yr, while 5% annual appreciation compiles into $175,439 by year five. Five-year ROI reaches 118.46% and total cumulative return in cash sums $247,472. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,484/mo property income covering a $3,108/mo payment, not borrower’s personal income.
Single Family
Built in 1975
6.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04412, Brewer, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 2,560 (56.8%) |
| Renter Occupied HU | 1,673 (37.1%) |
| Vacant Housing Units | 278 ( 6.2%) |
| Median Home Value | $295,455 |
| Average Home Value | $327,893 |
Housing Distribution
Address Breakdown
Residential
4,313
Single Family
3,944
Multi-Family
369
Businesses
603
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