459 Ray's Point Road RoadMilbridgeME04658
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Investment property for sale in Milbridge at 459 Ray's Point Road Road, Milbridge, ME, 04658 earns from $0/mo rent with a $1,708/mo payment. Total monthly income totals $0/mo. ROI tracks -2.93% on current figures, and rental yield reads 0% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04658, Milbridge, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 477 (52.4%) |
| Renter Occupied HU | 124 (13.6%) |
| Vacant Housing Units | 309 (34.0%) |
| Median Home Value | $253,869 |
| Average Home Value | $279,555 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
486
Multi-Family
54
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Drop Anchor Realty, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1598475
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. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782