83 Wardtown RdFreeportME04032
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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
Rental property for sale in Freeport at 83 Wardtown Rd, Freeport, ME, 04032 priced at $517,000 converts $3,828/mo rent into $566/mo cash flow after a $2,530/mo obligation. Total monthly income equals $3,828/mo, and annual cash flow totals $6,787/yr on $170,093 invested. Return on cash invested prints 24.05% in year one, and rental yield reads 8.89% against a $517,000 entry. Equity gained on principal adds $3,336/yr, while 5% annual appreciation compiles into $142,838 by year five. Five-year ROI reaches 125.19% and total cumulative return in cash sums $212,933. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,828/mo property income covering a $2,530/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04032, Freeport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,124 (100%) |
| Owner Occupied HU | 3,053 (74.0%) |
| Renter Occupied HU | 685 (16.6%) |
| Vacant Housing Units | 386 ( 9.4%) |
| Median Home Value | $638,488 |
| Average Home Value | $737,943 |
Housing Distribution
Address Breakdown
Residential
3,782
Single Family
3,565
Multi-Family
217
Businesses
435
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