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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% |
Rental property for sale in Scarborough at 342 US Route 1, Scarborough, ME, 04074 priced at $555,555 pairs $2,814/mo rent with after a $2,719/mo payment. Total monthly income equals $2,814/mo. Return on cash invested is 15.52% in year one, and rental yield stands at 6.08% on a $555,555 basis. Equity gained on principal adds $3,585/yr, and 5% annual appreciation accumulates to $153,490 by year five. Five-year ROI measures 79.4% and total cumulative return in cash reaches $145,130. For financing, Ziffy Mortgage’s DSCR program evaluates $2,814/mo property income against a $2,719/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 7,257 (66.1%) |
| Renter Occupied HU | 2,431 (22.1%) |
| Vacant Housing Units | 1,292 (11.8%) |
| Median Home Value | $610,244 |
| Average Home Value | $700,977 |
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
Date | Event | Price |
|---|---|---|
| 2024-10-31 | Listed for sale | $555,555 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $4449.00 | 3.56% | $289,100 | N/A |
| 2020-11-11 | $4296.00 | 1.08% | $289,100 | N/A |
| 2019-11-11 | $4250.00 | -6.72% | $289,100 | 4.63% |
Listed by: N/A • Berkshire Hathaway HomeServices Northeast Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1608358
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
