99 State StreetBrewerME04412
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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
Rental property for sale in Brewer at 99 State Street, Brewer, ME, 04412 priced at $395,000 converts $2,209/mo rent into after a $1,933/mo obligation. Total monthly income equals $2,209/mo. Return on cash invested prints 17.31% in year one, and rental yield reads 6.71% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 89.07% and total cumulative return in cash sums $116,634. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,209/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04412, Brewer, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,511 (100%) |
| Owner Occupied HU | 2,560 (56.8%) |
| Renter Occupied HU | 1,673 (37.1%) |
| Vacant Housing Units | 278 ( 6.2%) |
| Median Home Value | $295,455 |
| Average Home Value | $327,893 |
Housing Distribution
Address Breakdown
Residential
4,313
Single Family
3,944
Multi-Family
369
Businesses
603
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