121 Northern Neck RoadMount DesertME04660
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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
Rental property for sale in Mount Desert at 121 Northern Neck Road, Mount Desert, ME, 04660 priced at $875,000 pairs $0/mo rent with after a $4,283/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.96% in year one, and rental yield stands at 0% on a $875,000 basis. Equity gained on principal adds $5,646/yr, and 5% annual appreciation accumulates to $241,746 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $4,283/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04660, Mount Desert, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,288 (100%) |
| Owner Occupied HU | 538 (41.8%) |
| Renter Occupied HU | 120 ( 9.3%) |
| Vacant Housing Units | 630 (48.9%) |
| Median Home Value | $534,884 |
| Average Home Value | $615,874 |
Housing Distribution
Address Breakdown
Residential
549
Single Family
549
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls ID: #1598746