7 Fernald RoadKitteryME03904
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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 Kittery at 7 Fernald Road, Kittery, ME, 03904 listed at $475,000 pairs $3,706/mo rent with a $2,325/mo payment to leave $708/mo cash flow. Total monthly income runs $3,706/mo, and annual cash flow reaches $8,497/yr on $157,463 cash to close. Return on cash invested measures 25.31% in year one, and rental yield registers 9.36% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 131.97% and total cumulative return in cash totals $207,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,706/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1860
3.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 03904, Kittery, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,413 (100%) |
| Owner Occupied HU | 2,410 (54.6%) |
| Renter Occupied HU | 1,466 (33.2%) |
| Vacant Housing Units | 537 (12.2%) |
| Median Home Value | $553,355 |
| Average Home Value | $593,606 |
Housing Distribution
Address Breakdown
Residential
4,022
Single Family
3,639
Multi-Family
383
Businesses
437
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