15 Granite ShoreMilbridgeME04658
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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 Milbridge at 15 Granite Shore, Milbridge, ME, 04658 offers a 0% rental yield on a $369,000 purchase with $0/mo rent. 94% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04658, Milbridge, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 477 (52.4%) |
| Renter Occupied HU | 124 (13.6%) |
| Vacant Housing Units | 309 (34.0%) |
| Median Home Value | $253,869 |
| Average Home Value | $279,555 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
486
Multi-Family
54
Businesses
65
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