35 Salem Towne RdSouthwest HarborME04679
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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 Southwest Harbor at 35 Salem Towne Rd, Southwest Harbor, ME, 04679 offers $2,414/mo rent that, after a $2,966/mo payment. Total monthly income is $2,414/mo. Return on cash invested measures 11.57% in year one, and rental yield stands at 4.78% at a $606,000 entry. Equity gained on principal adds $3,910/yr while 5% annual appreciation compounds into $167,427 by year five. Five-year ROI records 58.26% and total cumulative return in cash reaches $116,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,414/mo property income versus a $2,966/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04679, Southwest Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 580 (39.0%) |
| Renter Occupied HU | 262 (17.6%) |
| Vacant Housing Units | 647 (43.5%) |
| Median Home Value | $430,804 |
| Average Home Value | $459,922 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
348
Multi-Family
75
Businesses
140
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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