6 Commodore DriveSanfordME04073
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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 Sanford at 6 Commodore Drive, Sanford, ME, 04073 uses $59,339 cash to close to unlock $3,593/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,429/mo, and a $876/mo payment keeps the spread at $299/mo. Purchase price stands at $179,000, and rental yield measures 9.58% with $1,429/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 135.52% and total cumulative return in cash records $80,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,429/mo property income covering a $876/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04073, Sanford, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,136 (100%) |
| Owner Occupied HU | 4,936 (60.7%) |
| Renter Occupied HU | 2,604 (32.0%) |
| Vacant Housing Units | 596 ( 7.3%) |
| Median Home Value | $339,521 |
| Average Home Value | $423,443 |
Housing Distribution
Address Breakdown
Residential
7,486
Single Family
7,088
Multi-Family
398
Businesses
589
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