139 Northport Avenue, Belfast, ME, 04915 | 7.29% Rental Yield

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 Belfast at 139 Northport Avenue, Belfast, ME, 04915 priced at $475,000 converts $2,885/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,885/mo. Return on cash invested prints 19.05% in year one, and rental yield reads 7.29% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 98.41% and total cumulative return in cash sums $154,963. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,885/mo property income covering a $2,325/mo payment, not borrower’s personal income.

Multi Family

Built in 1890

0.72 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04915, Belfast, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,083 (100%)
Owner Occupied HU	2,979 (58.6%)
Renter Occupied HU	1,313 (25.8%)
Vacant Housing Units	791 (15.6%)
Median Home Value	$320,681
Average Home Value	$355,074