1079 Belfast RoadThorndikeME04986
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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
Investment property for sale in Thorndike at 1079 Belfast Road, Thorndike, ME, 04986 with 5% annual appreciation on a $394,900 basis while $0/mo rent supports operations. 94% in year one. Equity gained on principal adds $2,548/yr, and five-year appreciation sums $109,104 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04986, Thorndike, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 585 (72.2%) |
| Renter Occupied HU | 113 (14.0%) |
| Vacant Housing Units | 112 (13.8%) |
| Median Home Value | $221,324 |
| Average Home Value | $246,397 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
671
Multi-Family
0
Businesses
26
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