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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 Union at 1583 Appleton Ridge Road, Union, ME, 04862 listed at $310,000 pairs $1,560/mo rent with a $1,517/mo payment. Total monthly income runs $1,560/mo. Return on cash invested measures 15.28% in year one, and rental yield registers 6.04% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 78.2% and total cumulative return in cash totals $80,359. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,560/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
14.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04862, Union, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,073 (100%) |
| Owner Occupied HU | 1,521 (73.4%) |
| Renter Occupied HU | 191 ( 9.2%) |
| Vacant Housing Units | 361 (17.4%) |
| Median Home Value | $318,608 |
| Average Home Value | $347,939 |
Residential
1,503
Single Family
1,503
Multi-Family
0
Businesses
84
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Lone Pine Real Estate Company
Mls Name: Maine Listings
Mls ID: #1642081
