50 Baker RoadFreeportME04032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Freeport at 50 Baker Road, Freeport, ME, 04032 priced at $160,000 pairs $1,259/mo rent with $249/mo cash flow after a $783/mo payment. Total monthly income equals $1,259/mo, and annual cash flow comes to $2,992/yr on $53,040 invested. Return on cash invested is 25.55% in year one, and rental yield stands at 9.44% on a $160,000 basis. Equity gained on principal adds $1,032/yr, and 5% annual appreciation accumulates to $44,205 by year five. Five-year ROI measures 133.33% and total cumulative return in cash reaches $70,718. For financing, Ziffy Mortgage’s DSCR program evaluates $1,259/mo property income against a $783/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1964
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04032, Freeport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,124 (100%) |
| Owner Occupied HU | 3,053 (74.0%) |
| Renter Occupied HU | 685 (16.6%) |
| Vacant Housing Units | 386 ( 9.4%) |
| Median Home Value | $638,488 |
| Average Home Value | $737,943 |
Housing Distribution
Address Breakdown
Residential
3,782
Single Family
3,565
Multi-Family
217
Businesses
435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices