302 Eddy Road #300EdgecombME04556
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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 Edgecomb at 302 Eddy Road #300, Edgecomb, ME, 04556 earns from $1,358/mo rent with a $979/mo payment. Total monthly income totals $1,358/mo. ROI tracks 15.63% on current figures, and rental yield reads 8.15% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 82.27% and total cumulative return in cash sums $54,548. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,358/mo property income instead of your personal income.
Condo
Built in 2007
9 Acres lot
$N/A/sqft
$332 monthly 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 |
|---|---|---|
| 2025-06-28 | Listed for sale | $200,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: Condo
- Year Built: 2007
- Architectural Style: New Englander
- Building Area: 601
- Living Area: 601 sqft
- Property Condition: New Construction
Features & Amenities
- Heating: Direct Vent Heater
- Cooling: Heat Pump
- Flooring: Wood, Tile
- Interior Features: 1st Floor Bedroom, Other, Shower
- Exterior Features: N/A
- Parking Features: 21+ Spaces, Paved, Common
Location
HOA & Fees
- HOA Fee: $332 monthly
- Association Fee: $332 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
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: #1628557
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