36 Dolphin AvenueOld Orchard BeachME04064
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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 Old Orchard Beach at 36 Dolphin Avenue, Old Orchard Beach, ME, 04064 with 5% annual appreciation on a $719,000 basis while $3,481/mo rent supports operations. 7% in year one. Equity gained on principal adds $4,640/yr, and five-year appreciation sums $198,646 alongside rental yield of 5.81%. Five-year ROI measures 75.05% and total cumulative return in cash totals $177,521. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,481/mo property income versus a $3,519/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04064, Old Orchard Beach, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 3,397 (48.5%) |
| Renter Occupied HU | 1,513 (21.6%) |
| Vacant Housing Units | 2,088 (29.8%) |
| Median Home Value | $437,987 |
| Average Home Value | $477,398 |
Housing Distribution
Address Breakdown
Residential
6,370
Single Family
5,809
Multi-Family
561
Businesses
355
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Listed by: N/A • Town & Shore Real Estate
Mls Name: Maine Listings
Mls ID: #1642915