343 Pool Street, Biddeford, ME, 04005 | $528/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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343 Pool Street, Biddeford, ME, 04005 | $528/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Biddeford at 343 Pool Street, Biddeford, ME, 04005 earns $528/mo cash flow from $2,737/mo rent with a $1,713/mo payment. Total monthly income totals $2,737/mo, and annual cash flow totals $6,338/yr on $116,025 capital. ROI tracks 25.37% on current figures, and rental yield reads 9.38% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 132.34% and total cumulative return in cash sums $153,542. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,737/mo property income instead of your personal income.

Single Family

Built in 1923

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

LOCATION, LOCATION, LOCATION, and a Saco River view! With a bit of improvement and some TLC, this 1923 bungalow will make someone very happy. This house features single floor living with real hardwood floors, a large attached 2 car garage, 2 bedrooms, eat in kitchen, living room, mudroom/den and a lovely sunroom overlooking the .35-acre lot. Some piece of mind with a 2-year-old heating system, and some updated electric. A special bonus is the 560 s.f light filled outbuilding, previously used as an art studio with a water view out of the slider. Fix it for personal use or use it as an investment. This area is known for its desirability of rentals. Located just 3 miles to the beach and UNE, close to downtown, major highway and Amtrak station. With your ideas and imagination, this property can be brought back to life! Property is being sold as is, with all personal property to covey.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.

Housing Distribution

Housing Statistics

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