42 Durham RoadFreeportME04032
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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 Freeport at 42 Durham Road, Freeport, ME, 04032 generates $5,759/mo in rent, after a $4,649/mo payment. Total monthly income is $5,759/mo. Return on cash invested sits at 19.16% in year one, and rental yield is 7.28% on a $949,900 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation builds toward $262,440 over five years. Five-year ROI reaches 98.93% and total cumulative return in cash sums $309,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,759/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04032, Freeport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,124 (100%) |
| Owner Occupied HU | 3,053 (74.0%) |
| Renter Occupied HU | 685 (16.6%) |
| Vacant Housing Units | 386 ( 9.4%) |
| Median Home Value | $638,488 |
| Average Home Value | $737,943 |
Housing Distribution
Address Breakdown
Residential
3,782
Single Family
3,565
Multi-Family
217
Businesses
435
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