127 Harbor RoadFriendshipME04547
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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 Friendship at 127 Harbor Road, Friendship, ME, 04547 with 5% annual appreciation on a $354,000 basis while $2,500/mo rent supports operations. Total monthly income totals $2,500/mo and a $1,733/mo payment preserves $266/mo for cash returns. Annual cash flow comes to $3,186/yr on $117,351 deployed, and return on cash invested reaches 22.62% in year one. Equity gained on principal adds $2,284/yr, and five-year appreciation sums $97,804 alongside rental yield of 8.47%. Five-year ROI measures 117.58% and total cumulative return in cash totals $137,986.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,500/mo property income versus a $1,733/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
0.70 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
33
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Listed by: N/A • Cates Real Estate
Mls Name: Maine Listings
Mls ID: #1651087