391 Main StreetBiddefordME04005
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
Investment property for sale in Biddeford at 391 Main Street, Biddeford, ME, 04005 at $275,000 posts ROI 32.27% with $939/mo cash flow from $2,675/mo rent. Total monthly income equals $2,675/mo, and annual cash flow records $11,273/yr on $91,163 to close. Return on cash invested measures 32.27% and rental yield reads 11.67% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 169.36% and total cumulative return in cash totals $154,391.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,675/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
3,484 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,059
Single Family
10,077
Multi-Family
982
Businesses
987
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices