Lot 6 Baxter Boulevard, Biddeford, ME, 04005 | 9.04% Rental Yield

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Lot 6 Baxter Boulevard, Biddeford, ME, 04005 | 9.04% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Investment property for sale in Biddeford at Lot 6 Baxter Boulevard, Biddeford, ME, 04005 listed at $429,900 pairs $3,240/mo rent with a $2,104/mo payment. Total monthly income runs $3,240/mo. Return on cash invested measures 19.5% in year one, and rental yield registers 9.04% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 102.57% and total cumulative return in cash totals $146,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,240/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2024

0.33 Acres lot

$N/A/sqft

$575 monthly HOA

More details about the property

Welcome to Hidden Hills, Southern Maine's newest 55 plus Active Senior Living Community. This unit SHOULD BE AVAILABLE LATE JANUARY and is 1360 square feet of living space w/ 3 beds and 2 full baths. Features include Custom 4x7 custom tile shower with glass wall and double vanity, plus double closets all in the main bathroom. LED fireplace, large utility room for storage and laundry, hot air furnace that is prepped for AC condensing unit, large kitchen island big enough for 3- 4 seats, this unit offers a huge side to side covered front porch. All stainless kitchen appliances, all sheetrock walls and flat ceilings throughout, 100-amp electrical service. Custom black trim package both inside and out, including windows- fixtures-trim-mirrors-knobs and more. This unit is basically loaded. Most of our homes can be 2 bedrooms or 3 bedrooms with the same floor plan. Hidden Hills is a new 55 plus park with 195 sites, serviced by public water and community septic systems. Our amenities include Club House, Gym, Inground pool, Tennis Courts, Pickle Ball Courts, Fenced in Dog Park, 2 miles of Sidewalks, Gazebo, Fire Pits, Picnic Tables, Horseshoes, Cornhole & more. Phase 1 is currently under construction with paving starting on 11/18/24. And will contain the first 20 lots. Our lots will range from level to sloped and foundations will be a mix of Full walkout, daylight, partial, & slabs. We offer both MODULAR and HUD CERTIFIED units and prices ranging from $360,000 to $500,000 based of lot location, unit type & size, and foundation type & size. Get ready to live 2.2 miles from downtown Biddeford which is known for its restaurants- shops- and entertainment. Park fees include mowing, snow removal, curbside trash removal, community mailboxes and of course access to all amenities. No park in Southern Maine has amenities like these so don't wait. Hidden Hills is a lifestyle not a retirement home. We will promote a healthy and active community while you meet new friends & enjoy life

Neighborhood Data

Neighborhood data shown for ZIP Code: 04005, Biddeford, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,793 (100%)
Owner Occupied HU	5,606 (47.5%)
Renter Occupied HU	5,202 (44.1%)
Vacant Housing Units	985 ( 8.4%)
Median Home Value	$455,712
Average Home Value	$523,001

Housing Distribution

Address Breakdown

Residential

11,059

Single Family

10,077

Multi-Family

982

Businesses

987

Price History

Date	Event	Price
2024-11-18	Listed for sale	$429,900
2024-08-27	Listing removed	N/A
2024-06-25	Listed for sale	$369,900

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Lot 108 Patriot Place #108, Wells, ME, 04090

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2 Bath
2187 sft

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: MobileManufactured
Year Built: 2024
Architectural Style: Ranch
Building Area: 1,360
Living Area: 1,360 sqft
Property Condition: New Construction

Features & Amenities

Heating: Multi-Zones, Forced Air
Cooling: None
Flooring: N/A
Interior Features: Walk-In Closet(s), 1st Floor Bedroom, 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Shower, Primary Bedroom w/Bath
Exterior Features: Tennis Court(s)
Parking Features: 1 - 4 Spaces, Paved, On Site, Inside Entrance

Location

City: Biddeford
State: ME
Subdivision: Hidden Hills
Lot Size: 0.33 Acres
Lot Features: Level, Open Lot, Sidewalks, Landscaped, Wooded, Near Golf Course, Near Public Beach, Near Shopping, Near Turnpike/Interstate, Near Town, Neighborhood, Subdivided, Suburban, Near Railroad
View: Fields, Mountain(s), Scenic, Trees/Woods

HOA & Fees

HOA Fee: $575 monthly
Association Fee: $575 monthly
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: Private Sewer
Water Source: Public
Road Surface Type: Paved

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: N/A • Regency Realty Group

Mls Name: Maine Listings

Mls Provider: Mls

Mls ID: #1609705

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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782

Lot 6 Baxter Boulevard,Biddeford,ME,04005

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

Lot 6 Baxter BoulevardBiddefordME04005