398 Manchester RoadBelgradeME04917
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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 Belgrade at 398 Manchester Road, Belgrade, ME, 04917 with 5% annual appreciation on a $255,000 basis while $2,058/mo rent supports operations. Total monthly income totals $2,058/mo and a $1,248/mo payment preserves $449/mo for cash returns. Annual cash flow comes to $5,385/yr on $84,533 deployed, and return on cash invested reaches 26.28% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,452 alongside rental yield of 9.68%. Five-year ROI measures 137.18% and total cumulative return in cash totals $115,964.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,058/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04917, Belgrade, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,153 (100%) |
| Owner Occupied HU | 1,190 (55.3%) |
| Renter Occupied HU | 169 ( 7.8%) |
| Vacant Housing Units | 794 (36.9%) |
| Median Home Value | $351,793 |
| Average Home Value | $527,197 |
Housing Distribution
Address Breakdown
Residential
1,358
Single Family
1,358
Multi-Family
0
Businesses
60
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