53 Main StreetBowdoinhamME04008
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
Investment property for sale in Bowdoinham at 53 Main Street, Bowdoinham, ME, 04008 at $380,000 posts ROI 23.63% with $391/mo cash flow from $2,789/mo rent. Total monthly income equals $2,789/mo, and annual cash flow records $4,688/yr on $125,970 to close. Return on cash invested measures 23.63% and rental yield reads 8.81% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 122.96% and total cumulative return in cash totals $154,897.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,789/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04008, Bowdoinham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,501 (100%) |
| Owner Occupied HU | 1,169 (77.9%) |
| Renter Occupied HU | 188 (12.5%) |
| Vacant Housing Units | 144 ( 9.6%) |
| Median Home Value | $427,358 |
| Average Home Value | $438,319 |
Housing Distribution
Address Breakdown
Residential
1,274
Single Family
1,249
Multi-Family
25
Businesses
62
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Listed by: N/A • U&R Real Estate
Mls Name: Maine Listings
Mls ID: #1650687