lot 5 Blaine StreetScarboroughME04074
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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
Rental property for sale in Scarborough at lot 5 Blaine Street, Scarborough, ME, 04074 priced at $610,000 converts $4,253/mo rent into $403/mo cash flow after a $2,986/mo obligation. Total monthly income equals $4,253/mo, and annual cash flow totals $4,834/yr on $200,690 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 8.37% against a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,532 by year five. Five-year ROI reaches 116.69% and total cumulative return in cash sums $234,187. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,253/mo property income covering a $2,986/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04074, Scarborough, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,980 (100%) |
| Owner Occupied HU | 7,257 (66.1%) |
| Renter Occupied HU | 2,431 (22.1%) |
| Vacant Housing Units | 1,292 (11.8%) |
| Median Home Value | $610,244 |
| Average Home Value | $700,977 |
Housing Distribution
Address Breakdown
Residential
10,395
Single Family
9,453
Multi-Family
942
Businesses
910
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Listed by: N/A • Heart & Home Realty
Mls Name: Maine Listings
Mls ID: #1631945