653 Moosehead TrailNewportME04953
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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 Newport at 653 Moosehead Trail, Newport, ME, 04953 generates $2,701/mo in rent and, after a $1,713/mo payment, leaves $492/mo in cash flow. Total monthly income is $2,701/mo, and annual cash flow is $5,908/yr on $115,992 invested. Return on cash invested sits at 25% in year one, and rental yield is 9.26% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 130.34% and total cumulative return in cash sums $151,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,701/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
4.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04953, Newport, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 966 (54.3%) |
| Renter Occupied HU | 444 (24.9%) |
| Vacant Housing Units | 370 (20.8%) |
| Median Home Value | $269,469 |
| Average Home Value | $304,335 |
Housing Distribution
Address Breakdown
Residential
1,499
Single Family
1,449
Multi-Family
50
Businesses
184
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