122 Belgrade RoadRomeME04963
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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 Rome at 122 Belgrade Road, Rome, ME, 04963 generates $2,400/mo in rent, after a $2,129/mo payment. Total monthly income is $2,400/mo. Return on cash invested sits at 17.04% in year one, and rental yield is 6.62% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 87.59% and total cumulative return in cash sums $126,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04963, Oakland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 2,644 (60.7%) |
| Renter Occupied HU | 649 (14.9%) |
| Vacant Housing Units | 1,062 (24.4%) |
| Median Home Value | $277,160 |
| Average Home Value | $311,606 |
Housing Distribution
Address Breakdown
Residential
3,343
Single Family
3,292
Multi-Family
51
Businesses
208
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