66 Belfast RoadFreedomME04941
Nearby investment properties with comparable rents
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 Freedom at 66 Belfast Road, Freedom, ME, 04941 offers $1,793/mo rent that, after a $1,219/mo payment, leaves $221/mo cash flow. Total monthly income is $1,793/mo, and annual cash flow is $2,655/yr on $82,544 cash. Return on cash invested measures 23.13% in year one, and rental yield stands at 8.64% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 120.31% and total cumulative return in cash reaches $99,308. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,793/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1840
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04941, Freedom, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 714 (71.3%) |
| Renter Occupied HU | 108 (10.8%) |
| Vacant Housing Units | 180 (18.0%) |
| Median Home Value | $266,346 |
| Average Home Value | $289,090 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
800
Multi-Family
0
Businesses
27
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