175 Milliken Island Road, Newcastle, ME, 04553 | 2.09% 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

Total monthly income runs $2,520/mo, and a $7,097/mo payment. Purchase price stands at $1,450,000, and rental yield measures 2.09% with $2,520/mo rent. Return on cash invested shows 3.43% in year one, and 5% annual appreciation builds toward $400,608 over five years. Five-year ROI reaches 14.55% and total cumulative return in cash records $68,337. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $7,097/mo payment rather than investor’s personal income.

Single Family

Built in 1947

5 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04553, Newcastle, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	992 (100%)
Owner Occupied HU	668 (67.3%)
Renter Occupied HU	144 (14.5%)
Vacant Housing Units	180 (18.1%)
Median Home Value	$440,486
Average Home Value	$450,591