463 Back Meadow RoadDamariscottaME04543








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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
Rental property for sale in Damariscotta at 463 Back Meadow Road, Damariscotta, ME, 04543 priced at $750,000 pairs $2,975/mo rent with after a $3,671/mo payment. Total monthly income equals $2,975/mo. Return on cash invested is 11.51% in year one, and rental yield stands at 4.76% on a $750,000 basis. Equity gained on principal adds $4,840/yr, and 5% annual appreciation accumulates to $207,211 by year five. Five-year ROI measures 57.92% and total cumulative return in cash reaches $142,926. For financing, Ziffy Mortgage’s DSCR program evaluates $2,975/mo property income against a $3,671/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
14 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 04543, Damariscotta, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,456 (100%) |
| Owner Occupied HU | 788 (54.1%) |
| Renter Occupied HU | 372 (25.5%) |
| Vacant Housing Units | 296 (20.3%) |
| Median Home Value | $372,052 |
| Average Home Value | $444,632 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
740
Multi-Family
136
Businesses
259
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $750,000 |
| 2018-10-19 | Sold | $275,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $3291.00 | N/A | $210,300 | N/A |
| 2023-05-30 | $3291.00 | 12.13% | $210,300 | 19.29% |
| 2022-05-30 | $2935.00 | 4.71% | $176,300 | N/A |
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Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1947
- Architectural Style: Cape Cod
- Building Area: 1,907
- Living Area: 1,907 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air
- Cooling: None
- Flooring: Wood, Tile
- Interior Features: Walk-In Closet(s), 1st Floor Primary Bedroom w/Bath, Bathtub, One-Floor Living, Pantry, Shower, Primary Bedroom w/Bath
- Exterior Features: N/A
- Parking Features: 5 - 10 Spaces, Gravel, On Site
Location
- City: Damariscotta
- State: ME
- Subdivision: N/A
- Lot Size: 14 Acres
- Lot Features: Wooded, Near Shopping, Near Town, Rural
- View: Fields, Scenic, Trees/Woods
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
- Water Source: Private
- Road Surface Type: Paved
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1624262
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








