677 Benner Road, Bristol, ME, 04539 | $266/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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677 Benner Road, Bristol, ME, 04539 | $266/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bristol at 677 Benner Road, Bristol, ME, 04539 uses $59,339 cash to close to unlock $3,197/yr annual cash flow and $266/mo monthly cash flow. Total monthly income runs $1,396/mo, and a $876/mo payment keeps the spread at $266/mo. Purchase price stands at $179,000, and rental yield measures 9.36% with $1,396/mo rent. Return on cash invested shows 25.3% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 131.94% and total cumulative return in cash records $78,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,396/mo property income covering a $876/mo payment rather than investor’s personal income.

Single Family

Built in 1985

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Take the time and effort to do the work needed to get this home into tip top shape and you will have great home or investment property. Propane is for the Stand By generator. There is an intended bathroom area on second level that is plumbed but not finished. The house did have HWBB heat until the furnace stopped working and seller currently uses electric units. The house will not go under all mortgage programs due to the work needed. Photos of the interior will be made available soon. The common area on Biscay Pond is an added value just a short 0.2 mile drive or walk from the house.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	822 (100%)
Owner Occupied HU	564 (68.6%)
Renter Occupied HU	81 ( 9.9%)
Vacant Housing Units	177 (21.5%)
Median Home Value	$396,203
Average Home Value	$489,419