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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 Alfred at 33 Chickadee Drive, Alfred, ME, 04002 listed at $275,000 pairs $1,881/mo rent with a $1,346/mo payment. Total monthly income runs $1,881/mo. Return on cash invested measures 12.94% in year one, and rental yield registers 8.21% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 68.86% and total cumulative return in cash totals $62,771. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,881/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
N/A lot
$N/A/sqft
$675 monthly HOA
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $275,000 |
| 2024-10-24 | Sold | $265,000 |
| 2024-09-15 | Pending sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $1542.00 | N/A | $82,000 | N/A |
| 2023-04-19 | $1542.00 | 4.47% | $82,000 | N/A |
| 2022-04-19 | $1476.00 | 4.31% | $82,000 | N/A |
Listed by: N/A • Century 21 North East
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1617285
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
