208 High StreetBelfastME04915
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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
Investment Highlights
Rental property for sale in Belfast at 208 High Street, Belfast, ME, 04915 priced at $1,475,000 pairs $2,940/mo rent with after a $7,219/mo payment. Total monthly income equals $2,940/mo. Return on cash invested is 4.38% in year one, and rental yield stands at 2.39% on a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and 5% annual appreciation accumulates to $407,515 by year five. Five-year ROI measures 19.63% and total cumulative return in cash reaches $93,802. For financing, Ziffy Mortgage’s DSCR program evaluates $2,940/mo property income against a $7,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1859
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04915, Belfast, ME area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,627
Single Family
4,360
Multi-Family
267
Businesses
614
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