44 Murray StBinghamME04920
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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 Bingham at 44 Murray St, Bingham, ME, 04920 uses $41,438 cash to close to unlock $2,483/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $996/mo, and a $612/mo payment keeps the spread at $207/mo. Purchase price stands at $125,000, and rental yield measures 9.56% with $996/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 135.14% and total cumulative return in cash records $55,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $996/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1930
6,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04920, Bingham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,141 (100%) |
| Owner Occupied HU | 606 (53.1%) |
| Renter Occupied HU | 121 (10.6%) |
| Vacant Housing Units | 414 (36.3%) |
| Median Home Value | $113,806 |
| Average Home Value | $188,152 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
512
Multi-Family
0
Businesses
49
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