40 Old Elm RoadBridgtonME04009
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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
Rental property for sale in Bridgton at 40 Old Elm Road, Bridgton, ME, 04009 priced at $535,000 pairs $2,435/mo rent with after a $2,619/mo payment. Total monthly income equals $2,435/mo. Return on cash invested is 13.64% in year one, and rental yield stands at 5.46% on a $535,000 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,811 by year five. Five-year ROI measures 69.36% and total cumulative return in cash reaches $122,092. For financing, Ziffy Mortgage’s DSCR program evaluates $2,435/mo property income against a $2,619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
2.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04009, Bridgton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,009 (44.6%) |
| Renter Occupied HU | 560 (12.4%) |
| Vacant Housing Units | 1,938 (43.0%) |
| Median Home Value | $365,534 |
| Average Home Value | $433,464 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,811
Multi-Family
112
Businesses
321
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