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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 Biddeford at 342 Elm Street, Biddeford, ME, 04005 at $360,000 posts ROI 29.78% with $982/mo cash flow from $3,254/mo rent. Total monthly income equals $3,254/mo, and annual cash flow records $11,784/yr on $119,340 to close. Return on cash invested measures 29.78% and rental yield reads 10.85% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 155.95% and total cumulative return in cash totals $186,105.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,254/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,793 (100%) |
| Owner Occupied HU | 5,606 (47.5%) |
| Renter Occupied HU | 5,202 (44.1%) |
| Vacant Housing Units | 985 ( 8.4%) |
| Median Home Value | $455,712 |
| Average Home Value | $523,001 |
Residential
11,059
Single Family
10,077
Multi-Family
982
Businesses
987
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $360,000 |
| 2025-08-20 | Pending sale | $363,500 |
| 2025-08-07 | Listed for sale | $363,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $3479.00 | N/A | $265,200 | N/A |
| 2023-10-11 | $3479.00 | 7.44% | $265,200 | 34.41% |
| 2022-10-11 | $3238.00 | 6.48% | $197,300 | 18.29% |
Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1633400
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
