9 South StreetTopshamME04086
Nearby investment properties with comparable rents
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 Topsham at 9 South Street, Topsham, ME, 04086 at $260,000 posts ROI 22.12% with $159/mo cash flow from $1,800/mo rent. Total monthly income equals $1,800/mo, and annual cash flow records $1,904/yr on $86,190 to close. Return on cash invested measures 22.12% and rental yield reads 8.31% at the current $260,000. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 by year five. Five-year ROI prints 114.87% and total cumulative return in cash totals $99,005.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Price change | $260,000 |
| 2024-10-03 | Listed for sale | $280,000 |
| 2017-06-21 | Sold | $10,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $1475.00 | 7.43% | $102,300 | 18.27% |
| 2021-11-11 | $1373.00 | N/A | $86,500 | N/A |
| 2020-11-11 | $1373.00 | -1.22% | $86,500 | 19.15% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1900
- Architectural Style: Cape Cod
- Building Area: 1,013
- Living Area: 1,013 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Heat Pump, Direct Vent Heater
- Cooling: Heat Pump
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Gravel, Detached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Private Sewer
- Water Source: Private
- Road Surface Type: Gravel
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1605728
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782