551 Waldo Street, Rumford, ME, 04276 | $448/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rumford at 551 Waldo Street, Rumford, ME, 04276 offers $1,704/mo rent that, after a $974/mo payment, leaves $448/mo cash flow. Total monthly income is $1,704/mo, and annual cash flow is $5,377/yr on $65,969 cash. Return on cash invested measures 28.06% in year one, and rental yield stands at 10.28% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 146.77% and total cumulative return in cash reaches $96,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,704/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1900

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04276, Rumford, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,222 (100%)
Owner Occupied HU	1,690 (52.5%)
Renter Occupied HU	1,107 (34.4%)
Vacant Housing Units	425 (13.2%)
Median Home Value	$128,477
Average Home Value	$191,876