59 Summer StreetHampdenME04444
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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
Investment Highlights
Investment property for sale in Hampden at 59 Summer Street, Hampden, ME, 04444 listed at $899,900 pairs $3,809/mo rent with a $4,405/mo payment. Total monthly income runs $3,809/mo. Return on cash invested measures 12.48% in year one, and rental yield registers 5.08% at a $899,900 basis. Equity gained on principal adds $5,807/yr, and annual property appreciation at 5% supports $248,626 by year five. Five-year ROI tracks 63.12% and total cumulative return in cash totals $186,892. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,809/mo property income relative to a $4,405/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1860
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04444, Hampden, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,267 (100%) |
| Owner Occupied HU | 3,328 (78.0%) |
| Renter Occupied HU | 721 (16.9%) |
| Vacant Housing Units | 218 ( 5.1%) |
| Median Home Value | $367,032 |
| Average Home Value | $397,760 |
Housing Distribution
Address Breakdown
Residential
3,960
Single Family
3,910
Multi-Family
50
Businesses
240
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