890 Salem RdFreeman TownshipME04983
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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 Freeman Township at 890 Salem Rd, Freeman Township, ME, 04983 with 5% annual appreciation on a $263,710 basis while $2,666/mo rent supports operations. Total monthly income totals $2,666/mo and a $1,291/mo payment preserves $1,001/mo for cash returns. Annual cash flow comes to $12,017/yr on $87,420 deployed, and return on cash invested reaches 33.66% in year one. Equity gained on principal adds $1,702/yr, and five-year appreciation sums $72,858 alongside rental yield of 12.13%. Five-year ROI measures 176.74% and total cumulative return in cash totals $154,506.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,666/mo property income versus a $1,291/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Apartment
Built in N/A
108.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04983, Strong, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 621 (59.9%) |
| Renter Occupied HU | 110 (10.6%) |
| Vacant Housing Units | 305 (29.4%) |
| Median Home Value | $218,846 |
| Average Home Value | $232,174 |
Housing Distribution
Address Breakdown
Residential
587
Single Family
567
Multi-Family
20
Businesses
39
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Listed by: N/A • N/A
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