520 West Shore RoadSorrentoME04677
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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 Sorrento at 520 West Shore Road, Sorrento, ME, 04677 priced at $299,000 converts $2,401/mo rent into $514/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,401/mo, and annual cash flow totals $6,173/yr on $99,119 invested. Return on cash invested prints 26.14% in year one, and rental yield reads 9.64% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 136.42% and total cumulative return in cash sums $135,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,401/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1981
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04677, Sorrento, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 338 (100%) |
| Owner Occupied HU | 143 (42.3%) |
| Renter Occupied HU | 11 ( 3.3%) |
| Vacant Housing Units | 184 (54.4%) |
| Median Home Value | $302,381 |
| Average Home Value | $375,629 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
7
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