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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Waldo at 251 Moosehead Trail, Waldo, ME, 04915 offers $2,303/mo rent that, after a $1,101/mo payment, leaves $883/mo cash flow. Total monthly income is $2,303/mo, and annual cash flow is $10,599/yr on $74,588 cash. Return on cash invested measures 34.12% in year one, and rental yield stands at 12.28% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 179.25% and total cumulative return in cash reaches $133,701. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,303/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
2.44 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04915, Belfast, ME area.
| 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 |
Residential
4,627
Single Family
4,360
Multi-Family
267
Businesses
614
Date | Event | Price |
|---|---|---|
| 2024-10-01 | Price change | $225,000 |
| 2024-08-07 | Price change | $230,000 |
| 2024-07-10 | Price change | $237,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1592687
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782
