370 New Portland Hill RoadNew PortlandME04961
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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 New Portland at 370 New Portland Hill Road, New Portland, ME, 04961 at $275,000 posts ROI -2.94% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.94% and rental yield reads 0% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04961, North New Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 430 (52.8%) |
| Renter Occupied HU | 40 ( 4.9%) |
| Vacant Housing Units | 345 (42.3%) |
| Median Home Value | $167,672 |
| Average Home Value | $197,767 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
11
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No similar rental properties found nearby.
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Listed by: N/A • Meservier & Associates
Mls Name: Maine Listings
Mls ID: #1638857