26 Cross Point RoadEdgecombME04556
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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 Edgecomb at 26 Cross Point Road, Edgecomb, ME, 04556 priced at $385,000 converts $1,908/mo rent into after a $1,884/mo obligation. Total monthly income equals $1,908/mo. Return on cash invested prints 15.01% in year one, and rental yield reads 5.95% against a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation compiles into $106,368 by year five. Five-year ROI reaches 76.71% and total cumulative return in cash sums $97,906. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,908/mo property income covering a $1,884/mo payment, not borrower’s personal income.
Single Family
Built in 1920
2 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04556, Edgecomb, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 478 (59.0%) |
| Renter Occupied HU | 75 ( 9.3%) |
| Vacant Housing Units | 257 (31.7%) |
| Median Home Value | $382,222 |
| Average Home Value | $559,786 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
557
Multi-Family
0
Businesses
57
Price History
Date | Event | Price |
|---|---|---|
| 2021-06-07 | Sold | $270,000 |
| 2021-04-22 | Listed for sale | $229,900 |
| 2018-10-19 | Sold | $173,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-21 | $1587.00 | N/A | $95,000 | N/A |
| 2023-07-21 | $1587.00 | 3.46% | $95,000 | N/A |
| 2022-07-21 | $1534.00 | -9.98% | $95,000 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1920
- Architectural Style: Bungalow
- Building Area: 867
- Living Area: 867 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Heat Pump, Forced Air
- Cooling: Heat Pump
- Flooring: Wood, Tile
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living
- Exterior Features: N/A
- Parking Features: 1 - 4 Spaces, Gravel
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank, Private Sewer
- Water Source: Well, Private
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1630501
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782