1235 Meadow Pond RoadIslesboroME04848
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Islesboro at 1235 Meadow Pond Road, Islesboro, ME, 04848 uses $98,787 cash to close to unlock $5,878/yr annual cash flow and $490/mo monthly cash flow. Total monthly income runs $2,371/mo, and a $1,459/mo payment keeps the spread at $490/mo. Purchase price stands at $298,000, and rental yield measures 9.55% with $2,371/mo rent. Return on cash invested shows 25.86% in year one, and 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 134.92% and total cumulative return in cash records $133,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,371/mo property income covering a $1,459/mo payment rather than investor’s personal income.
Single Family
Built in 1855
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04848, Islesboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 838 (100%) |
| Owner Occupied HU | 236 (28.2%) |
| Renter Occupied HU | 39 ( 4.7%) |
| Vacant Housing Units | 563 (67.2%) |
| Median Home Value | $494,118 |
| Average Home Value | $615,180 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
329
Multi-Family
3
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices