8 Spring Street, Brewer, ME, 04412 | $165/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8 Spring Street, Brewer, ME, 04412 | $165/mo Cash Flow | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1088 sft

277 Shaw Hill Road, Hampden, ME, 04444

3 Bed
3 Bath
1768 sft

14 Ruth Avenue, Hampden, ME, 04444

3 Bed
2 Bath
1344 sft

100 Murray Road, Carmel, ME, 04419

3 Bed
2 Bath
1614 sft

314 Main Road N, Hampden, ME, 04444

Nearby investment properties with comparable prices

3 Bed
2 Bath
1450 sft

458 Jackson Road, Monroe, ME, 04951

2 Bed
1 Bath
1082 sft

568 S South Main Street, Brewer, ME, 04412

3 Bed
3 Bath
1504 sft

40 March Street, Bangor, ME, 04401

4 Bed
2 Bath
2800 sft

104 Loop Road S, Searsport, ME, 04974

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Brewer at 8 Spring Street, Brewer, ME, 04412 with 5% annual appreciation on a $259,000 basis while $1,800/mo rent supports operations. Total monthly income totals $1,800/mo and a $1,268/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,981/yr on $85,859 deployed, and return on cash invested reaches 22.22% in year one. Equity gained on principal adds $1,671/yr, and five-year appreciation sums $71,557 alongside rental yield of 8.34%. Five-year ROI measures 115.44% and total cumulative return in cash totals $99,112.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,800/mo property income versus a $1,268/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1900

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover a fantastic investment opportunity in Brewer, Maine, with this well-maintained two-unit property. One of the units has been beautifully remodeled, featuring a brand-new kitchen, new flooring, and a modern coat of paint that enhances its appeal. The property boasts durable vinyl siding and a plethora of windows that allow for an abundance of natural light, creating a warm and inviting atmosphere. Situated on a small lot in-town, this residence offers the convenience of off-street parking. Currently, one unit is vacant, providing a perfect opportunity for owner-occupancy, while the other unit has an established renter, ensuring immediate income. Each unit consists of two bedrooms and one bathroom, making them ideal for many renters looking for comfortable living spaces. Brewer, Maine, is an exceptional place to live, known for its friendly community, excellent schools, and proximity to local amenities such as restaurants, shopping, and a public library. The picturesque surroundings and recreational opportunities nearby make it a desirable location. Owning a two-unit property not only allows you to generate rental income but also offers the flexibility to occupy one unit while the other helps cover your mortgage. This setup can significantly reduce living expenses, making it an attractive option for first-time buyers and seasoned investors alike. With the combination of a charming property, financial benefits, and a vibrant community, this Brewer real estate listing is an exceptional find.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04412, Brewer, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,511 (100%)
Owner Occupied HU	2,560 (56.8%)
Renter Occupied HU	1,673 (37.1%)
Vacant Housing Units	278 ( 6.2%)
Median Home Value	$295,455
Average Home Value	$327,893