111 Davis Point Loop, Friendship, ME, 04547 | Equity Gain $6,775/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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111 Davis Point Loop, Friendship, ME, 04547 | Equity Gain $6,775/yr | Ziffy

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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 Friendship at 111 Davis Point Loop, Friendship, ME, 04547 at $1,050,000 posts ROI -3% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -3% and rental yield reads 0% at the current $1,050,000. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1900

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Located on Friendship Harbor, Davis Point Loop is a historic waterfront property in an interesting and unique setting with good broad views of the harbor and across to Garrison Island and Friendship Long Island. The property includes a beautifully renovated three-bedroom house and a two-car garage with a one-bedroom guest apartment above it. The current owner has artfully re-imagined the interior of this charming home and it is now a creative and comfortable year-round residence with pleasing finishes and all-new systems. There is a lawn, space for a harbor's edge firepit or outdoor seating area, and a sand and pebble beach area accessible during low tide. In a special location right at the water's edge, the home offers an excellent vantage point for enjoying the comings and goings of the harbor. The home has an excellent rental history and has been fully rented for two-straight seasons with 5-star reviews.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04547, Friendship, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	930 (100%)
Owner Occupied HU	464 (49.9%)
Renter Occupied HU	77 ( 8.3%)
Vacant Housing Units	389 (41.8%)
Median Home Value	$468,116
Average Home Value	$476,972