1866 Clarry Hill Road, Union, ME, 04862 | 2.35% Rental Yield

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1866 Clarry Hill Road, Union, ME, 04862 | 2.35% Rental Yield | Ziffy

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 Union at 1866 Clarry Hill Road, Union, ME, 04862 offers a 2.35% rental yield on a $795,000 purchase with $1,560/mo rent. 2% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 18.72% and total cumulative return in cash at $48,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

6 Acres lot

$N/A/sqft

No HOA

More details about the property

Perched on scenic Clarry Hill, this exceptional property offers some of the best views around. The home features a well-appointed kitchen with quartz countertops open to the living room, a formal dining room, and a flexible first-floor bedroom with adjacent bath. Upstairs includes a spacious primary suite, guest bedroom, full bath, and a cozy sitting area that captures the breathtaking vistas. Above the oversized garage, a private in-law apartment with its own laundry provides added versatility. A separate office wing with a half bath offers an ideal work-from-home setup. The large unfinished walk-out basement offers ample storage and potential for additional living space. Set on a picturesque 6-acre lot with blueberry bushes, fruit trees, and attractive landscaping. Recent improvements include a new roof, heating system, paved driveway, heat pump/AC, mini barn, and more.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04862, Union, ME area.

Housing Distribution

Housing Statistics

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