361 Waldoboro RoadFriendshipME04547
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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 Friendship at 361 Waldoboro Road, Friendship, ME, 04547 offers a 0% rental yield on a $499,000 purchase with $0/mo rent. 93% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1786
4.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04547, Friendship, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 930 (100%) |
| Owner Occupied HU | 464 (49.9%) |
| Renter Occupied HU | 77 ( 8.3%) |
| Vacant Housing Units | 389 (41.8%) |
| Median Home Value | $468,116 |
| Average Home Value | $476,972 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
33
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Listed by: N/A • RE/MAX JARET & COHN
Mls Name: Maine Listings
Mls ID: #1641625