340 Parkway SBrewerME04412
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 340 Parkway S, Brewer, ME, 04412 offers $2,576/mo rent that, after a $1,560/mo payment, leaves $565/mo cash flow. Total monthly income is $2,576/mo, and annual cash flow is $6,774/yr on $105,649 cash. Return on cash invested measures 26.32% in year one, and rental yield stands at 9.7% at a $318,700 entry. Equity gained on principal adds $2,057/yr while 5% annual appreciation compounds into $88,051 by year five. Five-year ROI records 137.39% and total cumulative return in cash reaches $145,155. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,576/mo property income versus a $1,560/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
9,147 sqft 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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