8 S Vigue Shore RoadAlbionME04910
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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 Albion at 8 S Vigue Shore Road, Albion, ME, 04910 uses $75,582 cash to close to unlock $4,680/yr annual cash flow and $390/mo monthly cash flow. Total monthly income runs $1,829/mo, and a $1,116/mo payment keeps the spread at $390/mo. Purchase price stands at $228,000, and rental yield measures 9.63% with $1,829/mo rent. Return on cash invested shows 26.1% in year one, and 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 136.19% and total cumulative return in cash records $102,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,829/mo property income covering a $1,116/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04910, Albion, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 985 (100%) |
| Owner Occupied HU | 743 (75.4%) |
| Renter Occupied HU | 140 (14.2%) |
| Vacant Housing Units | 102 (10.4%) |
| Median Home Value | $226,458 |
| Average Home Value | $249,583 |
Housing Distribution
Address Breakdown
Residential
814
Single Family
798
Multi-Family
16
Businesses
31
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