3 Applewood Lane #3Bar HarborME04609
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play3 Applewood Lane #3, Bar Harbor, ME, 04609 in Bar Harbor is priced for appreciation, not yield. Rental yield 5.68%. At $760,000 with a 5.68% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $209,974 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.05) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $211,632.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.7% | 5.5% |
| Monthly Cash Flow | $(1,271) | $850 |
City averages based on Bar Harbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,600 |
| Total Monthly Debt Service | $4,494 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2026
4.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04609, Bar Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,179 (100%) |
| Owner Occupied HU | 1,735 (41.5%) |
| Renter Occupied HU | 903 (21.6%) |
| Vacant Housing Units | 1,541 (36.9%) |
| Median Home Value | $507,924 |
| Average Home Value | $582,997 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,559
Multi-Family
252
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2026
4.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04609, Bar Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,179 (100%) |
| Owner Occupied HU | 1,735 (41.5%) |
| Renter Occupied HU | 903 (21.6%) |
| Vacant Housing Units | 1,541 (36.9%) |
| Median Home Value | $507,924 |
| Average Home Value | $582,997 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,559
Multi-Family
252
Businesses
446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Maine Listings
Mls ID: #1655865