56 Maine 32New HarborME04554
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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
Total monthly income runs $3,508/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 7.07% with $3,508/mo rent. Return on cash invested shows 18.55% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 95.69% and total cumulative return in cash records $187,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,508/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1952
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04554, New Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 884 (100%) |
| Owner Occupied HU | 282 (31.9%) |
| Renter Occupied HU | 43 ( 4.9%) |
| Vacant Housing Units | 559 (63.2%) |
| Median Home Value | $595,109 |
| Average Home Value | $716,090 |
Housing Distribution
Address Breakdown
Residential
403
Single Family
403
Multi-Family
0
Businesses
44
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Listed by: N/A • L. Dewey Chase Real Estate
Mls Name: Maine Listings
Mls ID: #1646442