54 Roberta StreetFarmingdaleME04344
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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 Farmingdale at 54 Roberta Street, Farmingdale, ME, 04344 priced at $385,000 pairs $3,167/mo rent with $738/mo cash flow after a $1,884/mo payment. Total monthly income equals $3,167/mo, and annual cash flow comes to $8,851/yr on $127,628 invested. Return on cash invested is 26.84% in year one, and rental yield stands at 9.87% on a $385,000 basis. Equity gained on principal adds $2,484/yr, and 5% annual appreciation accumulates to $106,368 by year five. Five-year ROI measures 140.2% and total cumulative return in cash reaches $178,930. For financing, Ziffy Mortgage’s DSCR program evaluates $3,167/mo property income against a $1,884/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04344, Farmingdale, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,404 (100%) |
| Owner Occupied HU | 944 (67.2%) |
| Renter Occupied HU | 379 (27.0%) |
| Vacant Housing Units | 81 ( 5.8%) |
| Median Home Value | $245,200 |
| Average Home Value | $253,763 |
Housing Distribution
Address Breakdown
Residential
1,392
Single Family
1,285
Multi-Family
107
Businesses
96
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Listed by: N/A • Sprague & Curtis Real Estate
Mls Name: Maine Listings
Mls ID: #1639219