37 Jacob RoadBelfastME04915
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Belfast at 37 Jacob Road, Belfast, ME, 04915 offers $1,399/mo rent that, after a $857/mo payment, leaves $294/mo cash flow. Total monthly income is $1,399/mo, and annual cash flow is $3,529/yr on $58,013 cash. Return on cash invested measures 25.99% in year one, and rental yield stands at 9.59% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 135.71% and total cumulative return in cash reaches $78,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,399/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04915, Belfast, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,083 (100%) |
| Owner Occupied HU | 2,979 (58.6%) |
| Renter Occupied HU | 1,313 (25.8%) |
| Vacant Housing Units | 791 (15.6%) |
| Median Home Value | $320,681 |
| Average Home Value | $355,074 |
Housing Distribution
Address Breakdown
Residential
4,627
Single Family
4,360
Multi-Family
267
Businesses
614
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