45 Stearns Farm RoadHampdenME04444
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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 Hampden at 45 Stearns Farm Road, Hampden, ME, 04444 priced at $264,900 converts $2,100/mo rent into $428/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,100/mo, and annual cash flow totals $5,133/yr on $87,814 invested. Return on cash invested prints 25.75% in year one, and rental yield reads 9.51% against a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,187 by year five. Five-year ROI reaches 134.37% and total cumulative return in cash sums $117,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04444, Hampden, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,267 (100%) |
| Owner Occupied HU | 3,328 (78.0%) |
| Renter Occupied HU | 721 (16.9%) |
| Vacant Housing Units | 218 ( 5.1%) |
| Median Home Value | $367,032 |
| Average Home Value | $397,760 |
Housing Distribution
Address Breakdown
Residential
3,960
Single Family
3,910
Multi-Family
50
Businesses
240
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