1427 State Highway 3Bar 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
Investment property for sale in Bar Harbor at 1427 State Highway 3, Bar Harbor, ME, 04609 earns $1,095/mo cash flow from $4,244/mo rent with a $2,442/mo payment. Total monthly income totals $4,244/mo, and annual cash flow totals $13,141/yr on $165,419 capital. ROI tracks 27.85% on current figures, and rental yield reads 10.21% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 145.62% and total cumulative return in cash sums $240,882. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,244/mo property income instead of your personal income.
Single Family
Built in 1920
2.19 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: #1643355