42 Front StreetSumnerME04292
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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 Sumner at 42 Front Street, Sumner, ME, 04292 offers a 0% rental yield on a $186,000 purchase with $0/mo rent. 93% in year one. Equity gained on principal adds $1,200/yr while 5% annual appreciation supports $51,388 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $910/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1860
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04292, Sumner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 536 (100%) |
| Owner Occupied HU | 350 (65.3%) |
| Renter Occupied HU | 47 ( 8.8%) |
| Vacant Housing Units | 139 (25.9%) |
| Median Home Value | $219,048 |
| Average Home Value | $231,793 |
Housing Distribution
Address Breakdown
Residential
416
Single Family
416
Multi-Family
0
Businesses
13
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No similar rental properties found nearby.
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Listed by: N/A • Meservier & Associates
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1619527
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