85 Shepherd DriveBangorME04401
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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 Bangor at 85 Shepherd Drive, Bangor, ME, 04401 at $215,000 posts ROI 22.48% with $152/mo cash flow from $1,509/mo rent. Total monthly income equals $1,509/mo, and annual cash flow records $1,829/yr on $71,273 to close. Return on cash invested measures 22.48% and rental yield reads 8.42% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 116.8% and total cumulative return in cash totals $83,245.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,509/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1988
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,989 (100%) |
| Owner Occupied HU | 11,478 (52.2%) |
| Renter Occupied HU | 8,838 (40.2%) |
| Vacant Housing Units | 1,673 ( 7.6%) |
| Median Home Value | $297,425 |
| Average Home Value | $331,226 |
Housing Distribution
Address Breakdown
Residential
20,842
Single Family
18,666
Multi-Family
2,176
Businesses
2,184
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