340 Main RoadPassadumkeagME04475
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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 Passadumkeag at 340 Main Road, Passadumkeag, ME, 04475 offers a 6.66% rental yield on a $329,000 purchase with $1,826/mo rent. 16% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 88.24% and total cumulative return in cash at $96,237. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,826/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1984
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04475, Passadumkeag, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 138 (69.0%) |
| Renter Occupied HU | 20 ( 10.0%) |
| Vacant Housing Units | 42 (21.0%) |
| Median Home Value | $125,000 |
| Average Home Value | $151,667 |
Housing Distribution
Address Breakdown
Residential
128
Single Family
119
Multi-Family
9
Businesses
6
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Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls ID: #1639544