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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Hermon at 7 Beech Ridge Drive, Hermon, ME, 04401 earns $158/mo cash flow from $4,102/mo rent with a $3,059/mo payment. Total monthly income totals $4,102/mo, and annual cash flow totals $1,891/yr on $205,625 capital. ROI tracks 20.98% on current figures, and rental yield reads 7.88% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 108.72% and total cumulative return in cash sums $223,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,102/mo property income instead of your personal income.
Single Family
Built in 2003
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04401, Bangor, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,989 (100%) |
| Owner Occupied HU | 11,478 (52.2%) |
| Renter Occupied HU | 8,838 (40.2%) |
| Vacant Housing Units | 1,673 ( 7.6%) |
| Median Home Value | $297,425 |
| Average Home Value | $331,226 |
Residential
20,842
Single Family
18,666
Multi-Family
2,176
Businesses
2,184
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • True North Realty, Inc.
Mls Name: Maine Listings
Mls ID: #1637024
