48 Foreside Common Road #48FalmouthME04105
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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 Falmouth at 48 Foreside Common Road #48, Falmouth, ME, 04105 generates $3,472/mo in rent, after a $3,426/mo payment. Total monthly income is $3,472/mo. Return on cash invested sits at 15.13% in year one, and rental yield is 5.95% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 77.36% and total cumulative return in cash sums $178,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,472/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04105, Falmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,499 (100%) |
| Owner Occupied HU | 4,268 (77.6%) |
| Renter Occupied HU | 814 (14.8%) |
| Vacant Housing Units | 417 ( 7.6%) |
| Median Home Value | $751,057 |
| Average Home Value | $879,727 |
Housing Distribution
Address Breakdown
Residential
5,390
Single Family
4,979
Multi-Family
411
Businesses
480
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