82 Dodge RoadBurnhamME04922
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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
Investment property for sale in Burnham at 82 Dodge Road, Burnham, ME, 04922 offers a 9.92% rental yield on a $255,000 purchase with $2,107/mo rent. Total monthly income registers $2,107/mo, and a $1,248/mo payment leaves $498/mo available for distribution. Annual cash flow reaches $5,973/yr on $84,533 to close, and return on cash invested stands at 26.97% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 140.9% and total cumulative return in cash at $119,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,107/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04922, Burnham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 421 (60.7%) |
| Renter Occupied HU | 68 ( 9.8%) |
| Vacant Housing Units | 205 (29.5%) |
| Median Home Value | $224,583 |
| Average Home Value | $278,420 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
10
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