7 Pickerel Lane, Belgrade, ME, 04917 | 7.01% Rental Yield

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 Belgrade at 7 Pickerel Lane, Belgrade, ME, 04917 at $450,000 posts ROI 18.21% with from $2,629/mo rent. Total monthly income equals $2,629/mo. Return on cash invested measures 18.21% and rental yield reads 7.01% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 93.89% and total cumulative return in cash totals $140,058. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,629/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1951

0.36 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04917, Belgrade, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,153 (100%)
Owner Occupied HU	1,190 (55.3%)
Renter Occupied HU	169 ( 7.8%)
Vacant Housing Units	794 (36.9%)
Median Home Value	$351,793
Average Home Value	$527,197