16 Highfields LaneNorthportME04849
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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
Rental property for sale in Northport at 16 Highfields Lane, Northport, ME, 04849 priced at $1,595,000 pairs $4,031/mo rent with after a $7,807/mo payment. Total monthly income equals $4,031/mo. Return on cash invested is 6.35% in year one, and rental yield stands at 3.03% on a $1,595,000 basis. Equity gained on principal adds $10,292/yr, and 5% annual appreciation accumulates to $440,669 by year five. Five-year ROI measures 30.23% and total cumulative return in cash reaches $156,197. For financing, Ziffy Mortgage’s DSCR program evaluates $4,031/mo property income against a $7,807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04849, Lincolnville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,563 (55.9%) |
| Renter Occupied HU | 245 ( 8.8%) |
| Vacant Housing Units | 989 (35.4%) |
| Median Home Value | $368,066 |
| Average Home Value | $500,694 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
2,028
Multi-Family
0
Businesses
92
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