46 Silver Ridge, Veazie, ME, 04401 | $84/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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46 Silver Ridge, Veazie, ME, 04401 | $84/mo Cash Flow | Ziffy

For Sale

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Veazie at 46 Silver Ridge, Veazie, ME, 04401 uses $134,258 cash to close to unlock $1,011/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,982/mo payment keeps the spread at $84/mo. Purchase price stands at $405,000, and rental yield measures 7.82% with $2,640/mo rent. Return on cash invested shows 20.66% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 107.05% and total cumulative return in cash records $143,726. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,982/mo payment rather than investor’s personal income.

Single Family

Built in 1990

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

Location! Location! Location! This updated Ranch style home is nestled in a desirable neighborhood conveniently located close to shopping, schools, restaurants, hospitals, & the country club. This layout emphasizes single-level living w/an open floor plan and seamless flow between living spaces, making it accessible and convenient. A spacious L-shaped kitchen is ideal for cooking and entertaining, with generous counter space, cabinetry, and room for a dining area. Four comfortable bedrooms, each designed to provide privacy and flexibility for family, guests, and home office needs. Two full baths with modern fixtures and ample space for daily routines. A cozy den space with warming pellet stove, hardwood floors throughout, a deck overlooking the backyard-great for entertaining, detached 2-car garage with a bonus room above, new whole house Generac generator, and newer furnace make this home a must see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	21,989 (100%)
Owner Occupied HU	11,478 (52.2%)
Renter Occupied HU	8,838 (40.2%)
Vacant Housing Units	1,673 ( 7.6%)
Median Home Value	$297,425
Average Home Value	$331,226