16 Roadrunner Drive #A308, Newry, ME, 04261 | 4.48% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newry at 16 Roadrunner Drive #A308, Newry, ME, 04261 earns from $1,585/mo rent with a $2,080/mo payment. Total monthly income totals $1,585/mo. ROI tracks 10.56% on current figures, and rental yield reads 4.48% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 52.88% and total cumulative return in cash sums $74,501. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,585/mo property income instead of your personal income.

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04261, Newry, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,615 (100%)
Owner Occupied HU	199 (12.3%)
Renter Occupied HU	36 ( 2.2%)
Vacant Housing Units	1,380 (85.4%)
Median Home Value	$321,429
Average Home Value	$371,319