29 Mudget Hill Road, Vassalboro, ME, 04989 | 5.42% Rental Yield

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29 Mudget Hill Road, Vassalboro, ME, 04989 | 5.42% Rental Yield | Ziffy

For Sale

Rental Income

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 Vassalboro at 29 Mudget Hill Road, Vassalboro, ME, 04989 at $359,000 posts ROI 13.4% with from $1,620/mo rent. Total monthly income equals $1,620/mo. Return on cash invested measures 13.4% and rental yield reads 5.42% at the current $359,000. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 by year five. Five-year ROI prints 68.11% and total cumulative return in cash totals $81,055. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,620/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in N/A

3.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Great opportunity awaits with this charming 3277 sq. ft. farmhouse with attached ADU centered on 3.5 acres with considerable potential. Nestled in the hills of the China Lakes region this property affords easy access to year-round recreation while still being within a short drive to shopping and facilities in Augusta and Waterville. The first-floor entrance allows for plenty of closet and storage space and would make a fantastic mud-room as it has a washer dryer hook-up and half bath. The kitchen's thoughtful layout is enhanced by an ample dining area as well as direct access to the deck for outdoor entertainment. The main house has four spacious bedrooms on the second level along with a full bath. Enhancing the property is the attached ADU with a corner living room that affords lots of sunlight and views of the property and rolling hills. This ADU has two bed rooms, a full bath, kitchen, laundry, ample closet space, and dining nook. The private, ramped entrance helps make this a wonderful opportunity for multi-generational living, rental income or hosting friends and family. Property has large above-ground pool with ramp and platform. Detached garage and barn offer plenty of room for storage or can be revitalized for additional living spaces, workshops or whatever your vision holds. Additional structures on property include: 24'x48' barn with attached 14'x16' shed. 24'x26 garage. chicken coop with enclosure.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,286 (100%)
Owner Occupied HU	1,654 (72.4%)
Renter Occupied HU	326 (14.3%)
Vacant Housing Units	306 (13.4%)
Median Home Value	$265,233
Average Home Value	$286,267