149 Old Main StreetEagle LakeME04739
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 149 Old Main Street, Eagle Lake, ME, 04739 in Eagle Lake. Rental yield 0%. At $355,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $98,080 in new equity by year five, complemented by $3,270/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Eagle Lake market data in our database. Property projections are estimates.
Single Family
Built in 1895
8.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04739, Eagle Lake, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 329 (37.9%) |
| Renter Occupied HU | 97 (11.2%) |
| Vacant Housing Units | 441 (50.9%) |
| Median Home Value | $255,645 |
| Average Home Value | $282,287 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1895
8.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04739, Eagle Lake, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 867 (100%) |
| Owner Occupied HU | 329 (37.9%) |
| Renter Occupied HU | 97 (11.2%) |
| Vacant Housing Units | 441 (50.9%) |
| Median Home Value | $255,645 |
| Average Home Value | $282,287 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tina Heaney • Keller Williams Realty Metro-Concord
Mls Name: PrimeMLS
Mls ID: #5064948