33 South Pleasant StreetBowdoinhamME04008
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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 Bowdoinham at 33 South Pleasant Street, Bowdoinham, ME, 04008 offers a 9.28% rental yield on a $198,500 purchase with $1,535/mo rent. Total monthly income registers $1,535/mo, and a $972/mo payment leaves $282/mo available for distribution. Annual cash flow reaches $3,381/yr on $65,803 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $1,281/yr while 5% annual appreciation supports $54,842 over five years. Portfolio math shows five-year ROI at 130.56% and total cumulative return in cash at $85,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,535/mo property income against a $972/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04008, Bowdoinham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,501 (100%) |
| Owner Occupied HU | 1,169 (77.9%) |
| Renter Occupied HU | 188 (12.5%) |
| Vacant Housing Units | 144 ( 9.6%) |
| Median Home Value | $427,358 |
| Average Home Value | $438,319 |
Housing Distribution
Address Breakdown
Residential
1,274
Single Family
1,249
Multi-Family
25
Businesses
62
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Listed by: N/A • Coldwell Banker Realty
Mls Name: Maine Listings
Mls ID: #1632143