10 Griffins' LaneCliff IslandME04019
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 10 Griffins' Lane, Cliff Island, ME, 04019 in Cliff Island. Rental yield 0%. At $745,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $205,830 in new equity by year five, complemented by $6,862/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Cliff Island market data in our database. Property projections are estimates.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04019, Cliff Island, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 158 (100%) |
| Owner Occupied HU | 27 (17.1%) |
| Renter Occupied HU | 7 ( 4.4%) |
| Vacant Housing Units | 124 (78.5%) |
| Median Home Value | $697,917 |
| Average Home Value | $775,926 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04019, Cliff Island, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 158 (100%) |
| Owner Occupied HU | 27 (17.1%) |
| Renter Occupied HU | 7 ( 4.4%) |
| Vacant Housing Units | 124 (78.5%) |
| Median Home Value | $697,917 |
| Average Home Value | $775,926 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Benchmark Real Estate
Mls Name: Maine Listings
Mls ID: #1633360