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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Camden at 508 Hope Road, Camden, ME, 04843 priced at $524,000 pairs $4,715/mo rent with $1,408/mo cash flow after a $2,565/mo payment. Total monthly income equals $4,715/mo, and annual cash flow comes to $16,892/yr on $172,396 invested. Return on cash invested is 29.86% in year one, and rental yield stands at 10.8% on a $524,000 basis. Equity gained on principal adds $3,381/yr, and 5% annual appreciation accumulates to $144,772 by year five. Five-year ROI measures 156.33% and total cumulative return in cash reaches $269,515. For financing, Ziffy Mortgage’s DSCR program evaluates $4,715/mo property income against a $2,565/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04843, Camden, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,422 (100%) |
| Owner Occupied HU | 1,801 (52.6%) |
| Renter Occupied HU | 786 (23.0%) |
| Vacant Housing Units | 835 (24.4%) |
| Median Home Value | $475,000 |
| Average Home Value | $599,273 |
Residential
2,792
Single Family
2,579
Multi-Family
213
Businesses
413
Date | Event | Price |
|---|---|---|
| 2024-09-21 | Listed for sale | $524,000 |
| 2024-09-20 | Listing removed | $529,000 |
| 2024-08-12 | Price change | $529,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | $3751.00 | 12.17% | $284,200 | 27.73% |
| 2020-10-15 | $3344.00 | 0.81% | $222,500 | N/A |
| 2019-10-15 | $3317.00 | 0.70% | $222,500 | 0.50% |
Listed by: N/A • Pooley Realty Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1604544
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
