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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Alfred at 1 Pine cone Drive, Alfred, ME, 04002 at $275,000 posts ROI 19.45% with from $2,376/mo rent. Total monthly income equals $2,376/mo. Return on cash invested measures 19.45% and rental yield reads 10.37% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 103.8% and total cumulative return in cash totals $94,631. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,376/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2016
N/A lot
$N/A/sqft
$675 monthly HOA
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
Date | Event | Price |
|---|---|---|
| 2025-10-22 | Sold | $275,000 |
| 2025-09-08 | Pending sale | $279,900 |
| 2025-08-08 | Price change | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $2200.00 | N/A | $117,000 | N/A |
| 2023-10-30 | $2200.00 | 4.46% | $117,000 | N/A |
| 2022-10-30 | $2106.00 | 4.36% | $117,000 | N/A |
Listed by: N/A • EXP Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1627134
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
