25 Southside RdNew HarborME04554
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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
Investment property for sale in New Harbor at 25 Southside Rd, New Harbor, ME, 04554 with 5% annual appreciation on a $1,603,900 basis while $1,990/mo rent supports operations. 59% in year one. Equity gained on principal adds $10,350/yr, and five-year appreciation sums $443,128 alongside rental yield of 1.49%. Five-year ROI measures 4.68% and total cumulative return in cash totals $24,304. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,990/mo property income versus a $7,850/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04554, New Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 884 (100%) |
| Owner Occupied HU | 282 (31.9%) |
| Renter Occupied HU | 43 ( 4.9%) |
| Vacant Housing Units | 559 (63.2%) |
| Median Home Value | $595,109 |
| Average Home Value | $716,090 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
44
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Listed by: Richard Keenan • Keenan Auction Company, Inc.
Mls Name: My State MLS
Mls ID: #11458605