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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% |
Rental property for sale in Belfast at 17 Marsh Road, Belfast, ME, 04915 generates $1,800/mo in rent and, after a $978/mo payment, leaves $539/mo in cash flow. Total monthly income is $1,800/mo, and annual cash flow is $6,466/yr on $66,267 invested. Return on cash invested sits at 29.67% in year one, and rental yield is 10.81% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 155.34% and total cumulative return in cash sums $102,937. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04915, Belfast, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,083 (100%) |
| Owner Occupied HU | 2,979 (58.6%) |
| Renter Occupied HU | 1,313 (25.8%) |
| Vacant Housing Units | 791 (15.6%) |
| Median Home Value | $320,681 |
| Average Home Value | $355,074 |
Residential
4,627
Single Family
4,360
Multi-Family
267
Businesses
614
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 • Coldwell Banker Plourde Real Estate
Mls Name: Maine Listings
Mls ID: #1641370
