1369 Clarry Hill Road, Union, ME, 04862 | 6.75% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1369 Clarry Hill Road, Union, ME, 04862 | 6.75% Rental Yield | Ziffy

For Sale

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

Rental property for sale in Union at 1369 Clarry Hill Road, Union, ME, 04862 generates $3,932/mo in rent, after a $3,421/mo payment. Total monthly income is $3,932/mo. Return on cash invested sits at 17.56% in year one, and rental yield is 6.75% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 90.37% and total cumulative return in cash sums $207,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,932/mo property income rather than buyer’s personal income.

Single Family

Built in 1997

15.11 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Cape Cod on 15 Acres with Barn & Riding Ring - Equestrian Ready! Beautifully maintained Cape Cod-style 3BR/2.5BA home on 15 scenic acres of pasture and woods, perfect for horse lovers, hobby farmers, or those seeking peaceful country living. Built in 1997 and offering 2,300 sq ft of space, this hilltop retreat features a spacious primary suite with private bath, three skylights, wood stove, baseboard hot water heat (fuel oil), and new interior paint throughout. The bright kitchen includes a wood block island, and the laundry room is located on the same level as the bedrooms for added convenience. Enjoy the outdoors from the screened-in porch or the large back deck with panoramic views. The walkout basement is ready to be finished as an office or entertainment space. The property is enclosed by electric fencing and stone walls and includes a 2+ stall barn with heated tack room, hay storage loft, full electric, and hot/cold water inside and out. An 86' x 120' riding ring and a wired chicken coop complete this versatile and functional homestead. Additional features: Cape Cod-style architecture Private well and leach field Recently swept and inspected chimney Yearly-inspected heating system Fuel oil tank in basement Close to local market and county fair Just 30 minutes to the Maine coast Home is being sold in current condition; inspections welcome for information only.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04862, Union, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,073 (100%)
Owner Occupied HU	1,521 (73.4%)
Renter Occupied HU	191 ( 9.2%)
Vacant Housing Units	361 (17.4%)
Median Home Value	$318,608
Average Home Value	$347,939