355 Thorndike Road, Unity, ME, 04988 | $540/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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355 Thorndike Road, Unity, ME, 04988 | $540/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Unity at 355 Thorndike Road, Unity, ME, 04988 offers $2,465/mo rent that, after a $1,493/mo payment, leaves $540/mo cash flow. Total monthly income is $2,465/mo, and annual cash flow is $6,479/yr on $101,108 cash. Return on cash invested measures 26.32% in year one, and rental yield stands at 9.7% at a $305,000 entry. Equity gained on principal adds $1,968/yr while 5% annual appreciation compounds into $84,266 by year five. Five-year ROI records 137.36% and total cumulative return in cash reaches $138,886. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,465/mo property income versus a $1,493/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1987

2.72 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 355 Thorndike Road in Unity! This charming 3-bedroom, 1-bath home has been freshly updated with new paint throughout, creating a bright and inviting feel. Set in a peaceful country setting, the property offers both privacy and conveniencejust minutes from town and close to MOFGA. 30 Minutes to Belfast and Augusta. The home features a spacious detached 2-car garage, perfect for vehicles, storage, or hobbies. Enjoy the beauty of Unity's vibrant community while still having your own private retreat surrounded by nature. If you're looking for comfort, convenience, and a true sense of community, this home is a must see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04988, Unity, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	919 (100%)
Owner Occupied HU	506 (55.1%)
Renter Occupied HU	248 (27.0%)
Vacant Housing Units	165 (18.0%)
Median Home Value	$338,158
Average Home Value	$393,394