428 Main StreetSpringvaleME04083
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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 Springvale at 428 Main Street, Springvale, ME, 04083 with 5% annual appreciation on a $539,000 basis while $3,630/mo rent supports operations. Total monthly income totals $3,630/mo and a $2,638/mo payment preserves $228/mo for cash returns. Annual cash flow comes to $2,741/yr on $177,331 deployed, and return on cash invested reaches 21.61% in year one. Equity gained on principal adds $3,478/yr, and five-year appreciation sums $148,916 alongside rental yield of 8.08%. Five-year ROI measures 112.09% and total cumulative return in cash totals $198,768.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,630/mo property income versus a $2,638/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1850
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04083, Springvale, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,114 (100%) |
| Owner Occupied HU | 1,318 (62.3%) |
| Renter Occupied HU | 666 (31.5%) |
| Vacant Housing Units | 130 ( 6.1%) |
| Median Home Value | $416,379 |
| Average Home Value | $426,354 |
Housing Distribution
Address Breakdown
Residential
2,002
Single Family
1,904
Multi-Family
98
Businesses
159
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Listed by: N/A • Coldwell Banker Realty
Mls Name: Maine Listings
Mls ID: #1634352