87 Wharf RoadYarmouthME04096
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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 Yarmouth at 87 Wharf Road, Yarmouth, ME, 04096 uses $165,717 cash to close to unlock $3,082/yr annual cash flow and $257/mo monthly cash flow. Total monthly income runs $3,412/mo, and a $2,447/mo payment keeps the spread at $257/mo. Purchase price stands at $499,900, and rental yield measures 8.19% with $3,412/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 112.96% and total cumulative return in cash records $187,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,412/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Multi Family
Built in 1960
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04096, Yarmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,971 (100%) |
| Owner Occupied HU | 2,788 (70.2%) |
| Renter Occupied HU | 891 (22.4%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $688,427 |
| Average Home Value | $748,146 |
Housing Distribution
Address Breakdown
Residential
3,890
Single Family
3,840
Multi-Family
50
Businesses
616
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