359 Lower Round Pond RoadBristolME04539
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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 Bristol at 359 Lower Round Pond Road, Bristol, ME, 04539 priced at $749,000 converts $2,442/mo rent into after a $3,666/mo obligation. Total monthly income equals $2,442/mo. Return on cash invested prints 8.93% in year one, and rental yield reads 3.91% against a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation compiles into $206,935 by year five. Five-year ROI reaches 44.1% and total cumulative return in cash sums $108,664. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,442/mo property income covering a $3,666/mo payment, not borrower’s personal income.
Single Family
Built in 2015
12.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 564 (68.6%) |
| Renter Occupied HU | 81 ( 9.9%) |
| Vacant Housing Units | 177 (21.5%) |
| Median Home Value | $396,203 |
| Average Home Value | $489,419 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
33
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