414 Farmington Falls RoadFarmingtonME04938
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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 Farmington at 414 Farmington Falls Road, Farmington, ME, 04938 earns from $2,010/mo rent with a $7,586/mo payment. Total monthly income totals $2,010/mo. ROI tracks 1.8% on current figures, and rental yield reads 1.56% at a $1,549,900 purchase. Equity gained on principal adds $10,001/yr, and 5% annual appreciation supports $428,209 over five years. Five-year ROI reaches 5.79% and total cumulative return in cash sums $29,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,010/mo property income instead of your personal income.
Single Family
Built in 1900
240 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04938, Farmington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,048 (100%) |
| Owner Occupied HU | 2,727 (54.0%) |
| Renter Occupied HU | 1,439 (28.5%) |
| Vacant Housing Units | 882 (17.5%) |
| Median Home Value | $271,206 |
| Average Home Value | $352,001 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,638
Multi-Family
338
Businesses
419
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Listed by: N/A • Real Estate 2000 ME/NH
Mls Name: Maine Listings
Mls ID: #1643075