78 Ryefield DrOld Orchard BeachME04064
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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 Old Orchard Beach at 78 Ryefield Dr, Old Orchard Beach, ME, 04064 listed at $129,995 pairs $987/mo rent with a $636/mo payment to leave $167/mo cash flow. Total monthly income runs $987/mo, and annual cash flow reaches $2,002/yr on $43,093 cash to close. Return on cash invested measures 24.55% in year one, and rental yield registers 9.11% at a $129,995 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,915 by year five. Five-year ROI tracks 127.93% and total cumulative return in cash totals $55,129. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $987/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04064, Old Orchard Beach, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,998 (100%) |
| Owner Occupied HU | 3,397 (48.5%) |
| Renter Occupied HU | 1,513 (21.6%) |
| Vacant Housing Units | 2,088 (29.8%) |
| Median Home Value | $437,987 |
| Average Home Value | $477,398 |
Housing Distribution
Address Breakdown
Residential
6,370
Single Family
5,809
Multi-Family
561
Businesses
355
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Listed by: Robert Magazu • Mobile homes in Maine, LLC
Mls Name: My State MLS
Mls ID: #11593199