58 Sanford RoadAlfredME04002
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 Alfred at 58 Sanford Road, Alfred, ME, 04002 priced at $349,999 pairs $2,435/mo rent with $226/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,435/mo, and annual cash flow comes to $2,714/yr on $116,025 invested. Return on cash invested is 22.25% in year one, and rental yield stands at 8.35% on a $349,999 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,698 by year five. Five-year ROI measures 115.57% and total cumulative return in cash reaches $134,090. For financing, Ziffy Mortgage’s DSCR program evaluates $2,435/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Housing Distribution
Address Breakdown
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices