14 Island Woods RoadBar HarborME04609
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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 Bar Harbor at 14 Island Woods Road, Bar Harbor, ME, 04609 priced at $489,000 pairs $3,600/mo rent with $514/mo cash flow after a $2,393/mo payment. Total monthly income equals $3,600/mo, and annual cash flow comes to $6,171/yr on $162,104 invested. Return on cash invested is 23.72% in year one, and rental yield stands at 8.83% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 123.42% and total cumulative return in cash reaches $200,074. For financing, Ziffy Mortgage’s DSCR program evaluates $3,600/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04609, Bar Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,179 (100%) |
| Owner Occupied HU | 1,735 (41.5%) |
| Renter Occupied HU | 903 (21.6%) |
| Vacant Housing Units | 1,541 (36.9%) |
| Median Home Value | $507,924 |
| Average Home Value | $582,997 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,559
Multi-Family
252
Businesses
446
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Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group
Mls Name: Maine Listings
Mls ID: #1647022