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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Gloucester at 14 Short Dirt Road, New Gloucester, ME, 04260 with 5% annual appreciation on a $525,000 basis while $2,760/mo rent supports operations. 21% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 6.31%. Five-year ROI measures 83.17% and total cumulative return in cash totals $143,661. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04260, New Gloucester, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,482 (100%) |
| Owner Occupied HU | 2,010 (81.0%) |
| Renter Occupied HU | 292 (11.8%) |
| Vacant Housing Units | 180 ( 7.3%) |
| Median Home Value | $398,868 |
| Average Home Value | $412,267 |
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
155
Date | Event | Price |
|---|---|---|
| 2025-01-02 | Listed for sale | $525,000 |
| 2024-12-21 | Contingent | $525,000 |
| 2024-12-14 | Listed for sale | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Locations Real Estate Group LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1611204
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
