376 West Bay RoadIslesboroME04848
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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 Islesboro at 376 West Bay Road, Islesboro, ME, 04848 earns from $2,203/mo rent with a $1,884/mo payment. Total monthly income totals $2,203/mo. ROI tracks 17.78% on current figures, and rental yield reads 6.87% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 91.6% and total cumulative return in cash sums $116,902. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,203/mo property income instead of your personal income.
Single Family
Built in 1966
11.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04848, Islesboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 838 (100%) |
| Owner Occupied HU | 236 (28.2%) |
| Renter Occupied HU | 39 ( 4.7%) |
| Vacant Housing Units | 563 (67.2%) |
| Median Home Value | $494,118 |
| Average Home Value | $615,180 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
329
Multi-Family
3
Businesses
48
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