75 Richardson StreetBathME04530
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 Bath at 75 Richardson Street, Bath, ME, 04530 priced at $153,000 pairs $2,983/mo rent with $2,017/mo cash flow after a $749/mo payment. Total monthly income equals $2,983/mo, and annual cash flow comes to $24,207/yr on $50,720 invested. Return on cash invested is 67.64% in year one, and rental yield stands at 23.4% on a $153,000 basis. Equity gained on principal adds $987/yr, and 5% annual appreciation accumulates to $42,271 by year five. Five-year ROI measures 358.99% and total cumulative return in cash reaches $182,076. For financing, Ziffy Mortgage’s DSCR program evaluates $2,983/mo property income against a $749/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04530, Bath, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,152 (100%) |
| Owner Occupied HU | 3,485 (56.6%) |
| Renter Occupied HU | 1,955 (31.8%) |
| Vacant Housing Units | 712 (11.6%) |
| Median Home Value | $374,912 |
| Average Home Value | $480,148 |
Housing Distribution
Address Breakdown
Residential
5,468
Single Family
5,211
Multi-Family
257
Businesses
441
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