401 Cross Point RoadEdgecombME04556
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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 Edgecomb at 401 Cross Point Road, Edgecomb, ME, 04556 listed at $249,000 pairs $2,198/mo rent with a $1,219/mo payment to leave $626/mo cash flow. Total monthly income runs $2,198/mo, and annual cash flow reaches $7,515/yr on $82,544 cash to close. Return on cash invested measures 29.01% in year one, and rental yield registers 10.59% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 151.87% and total cumulative return in cash totals $125,360. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,198/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
0.92 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04556, Edgecomb, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 478 (59.0%) |
| Renter Occupied HU | 75 ( 9.3%) |
| Vacant Housing Units | 257 (31.7%) |
| Median Home Value | $382,222 |
| Average Home Value | $559,786 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
557
Multi-Family
0
Businesses
57
Price History
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Sold | $249,000 |
| 2025-07-01 | Pending sale | $259,000 |
| 2025-05-03 | Contingent | $259,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $1088.00 | N/A | $65,150 | N/A |
| 2023-10-29 | $1088.00 | 3.42% | $65,150 | N/A |
| 2022-10-29 | $1052.00 | -10.01% | $65,150 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1970
- Architectural Style: Ranch
- Building Area: 1,008
- Living Area: 1,008 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Baseboard, Direct Vent Heater
- Cooling: None
- Flooring: Laminate, Vinyl
- Interior Features: 1st Floor Bedroom, Bathtub, One-Floor Living, Pantry, Shower
- Exterior Features: N/A
- Parking Features: Gravel, 1 - 4 Spaces
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Private Sewer, Septic Design Available
- Water Source: Private, Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Tindal & Callahan Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1613938
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782