6 School StreetBridgtonME04009
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 Bridgton at 6 School Street, Bridgton, ME, 04009 offers $902/mo rent that, after a $587/mo payment, leaves $145/mo cash flow. Total monthly income is $902/mo, and annual cash flow is $1,740/yr on $39,780 cash. Return on cash invested measures 24.28% in year one, and rental yield stands at 9.02% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 126.44% and total cumulative return in cash reaches $50,299. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $902/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04009, Bridgton, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,507 (100%) |
| Owner Occupied HU | 2,009 (44.6%) |
| Renter Occupied HU | 560 (12.4%) |
| Vacant Housing Units | 1,938 (43.0%) |
| Median Home Value | $365,534 |
| Average Home Value | $433,464 |
Housing Distribution
Address Breakdown
Residential
2,923
Single Family
2,811
Multi-Family
112
Businesses
321
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