2224&2226 Appleton Ridge Road, Union, ME, 04862 | 2.64% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2224&2226 Appleton Ridge Road, Union, ME, 04862 | 2.64% 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 2224&2226 Appleton Ridge Road, Union, ME, 04862 offers a 2.64% rental yield on a $709,000 purchase with $1,560/mo rent. 07% in year one. Equity gained on principal adds $4,575/yr while 5% annual appreciation supports $195,884 over five years. Portfolio math shows five-year ROI at 23.39% and total cumulative return in cash at $54,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $3,470/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1990

21.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream retreat in the heart of Midcoast Maine! Set on 21.5 serene acres of rolling fields and wooded privacy, this picturesque property offers the perfect blend of rural charm and modern comfort. Built in 1990, this classic Maine farmhouse features 3 bedrooms, 2 full baths, and a newly renovated eat-in kitchen with butcher block countertops - ideal for everyday living and entertaining. The warm and inviting living room is the heart of the home, complete with beautiful built-ins that add both character and functionality. Whether your curling up with a book or gathering with family, this space offers timeless appeal. A separate 700+/- sq ft guest cottage (or in-law apartment) provides flexible living options with it's own full kitchen and bath - perfect for hosting guests, multi-generational living, or as an income producing rental. Outdoors you'll enjoy the best of Maine's natural beauty! Multiple mature fruit trees including cherry, pear, apple and plum, a flourishing pumpkin patch that produces 20-30 pumpkins annually, and vibrant perennial flowers that bring color throughout the seasons. Don't miss this rare opportunity to own your own slice of Maine!

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