468 Smithfield 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
Rental property for sale in Belgrade at 468 Smithfield Road, Belgrade, ME, 04917 offers $1,584/mo rent that, after a $974/mo payment, leaves $328/mo cash flow. Total monthly income is $1,584/mo, and annual cash flow is $3,937/yr on $65,969 cash. Return on cash invested measures 25.88% in year one, and rental yield stands at 9.55% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 135.07% and total cumulative return in cash reaches $89,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,584/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
6.50 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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