206 Endicott RoadBelgradeME04917
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belgrade at 206 Endicott Road, Belgrade, ME, 04917 generates $2,716/mo in rent, after a $2,765/mo payment. Total monthly income is $2,716/mo. Return on cash invested sits at 14.58% in year one, and rental yield is 5.77% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 74.38% and total cumulative return in cash sums $138,255. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,716/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04917, Belgrade, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,153 (100%) |
| Owner Occupied HU | 1,190 (55.3%) |
| Renter Occupied HU | 169 ( 7.8%) |
| Vacant Housing Units | 794 (36.9%) |
| Median Home Value | $351,793 |
| Average Home Value | $527,197 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices