5 Kathy Ave #5ArundelME04046
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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 Arundel at 5 Kathy Ave #5, Arundel, ME, 04046 generates $3,120/mo in rent and, after a $649/mo payment, leaves $1,808/mo in cash flow. Total monthly income is $3,120/mo, and annual cash flow is $21,699/yr on $43,924 invested. Return on cash invested sits at 69.31% in year one, and rental yield is 28.26% on a $132,500 entry. Equity gained on principal adds $855/yr, while 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 372.69% and total cumulative return in cash sums $163,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
$475 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04046, Kennebunkport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,367 (100%) |
| Owner Occupied HU | 3,207 (59.8%) |
| Renter Occupied HU | 482 ( 9.0%) |
| Vacant Housing Units | 1,678 (31.3%) |
| Median Home Value | $661,109 |
| Average Home Value | $817,945 |
Housing Distribution
Address Breakdown
Residential
3,756
Single Family
3,735
Multi-Family
21
Businesses
225
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