4 Patriot WayOld 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 4 Patriot Way, Old Orchard Beach, ME, 04064 uses $213,850 cash to close to unlock $11,198/yr annual cash flow and $933/mo monthly cash flow. Total monthly income runs $5,035/mo, and a $3,181/mo payment keeps the spread at $933/mo. Purchase price stands at $650,000, and rental yield measures 9.3% with $5,035/mo rent. Return on cash invested shows 25.3% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 131.87% and total cumulative return in cash records $282,014. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,035/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1984
0.69 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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