306 Eddy Road #307EdgecombME04556
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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 306 Eddy Road #307, Edgecomb, ME, 04556 earns $266/mo cash flow from $1,371/mo rent with a $857/mo payment. Total monthly income totals $1,371/mo, and annual cash flow totals $3,193/yr on $58,013 capital. ROI tracks 25.41% on current figures, and rental yield reads 9.4% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 132.6% and total cumulative return in cash sums $76,927. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,371/mo property income instead of your personal income.
Condo
Built in 2007
9 Acres lot
$N/A/sqft
No HOA
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
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