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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 395 Alfred Street, Biddeford, ME, 04005 listed at $302,500 pairs $2,657/mo rent with a $1,481/mo payment to leave $747/mo cash flow. Total monthly income runs $2,657/mo, and annual cash flow reaches $8,970/yr on $100,279 cash to close. Return on cash invested measures 28.85% in year one, and rental yield registers 10.54% at a $302,500 basis. Equity gained on principal adds $1,952/yr, and annual property appreciation at 5% supports $83,575 by year five. Five-year ROI tracks 150.99% and total cumulative return in cash totals $151,409. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,657/mo property income relative to a $1,481/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.44 Acres 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 |
|---|---|---|
| 2025-08-29 | Sold | $302,500 |
| 2025-07-18 | Pending sale | $285,000 |
| 2025-07-15 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $3078.00 | N/A | $234,600 | N/A |
| 2023-10-19 | $3078.00 | 5.74% | $234,600 | 32.24% |
| 2022-10-19 | $2911.00 | 5.89% | $177,400 | 17.64% |
Listed by: N/A • Maine Real Estate Co
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1630550
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
