








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 Eliot at 701 River Road, Eliot, ME, 03903 offers a 3.64% rental yield on a $989,900 purchase with $3,000/mo rent. 09% in year one. Equity gained on principal adds $6,388/yr while 5% annual appreciation supports $273,491 over five years. Portfolio math shows five-year ROI at 39.62% and total cumulative return in cash at $129,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $4,845/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 2,494 (80.8%) |
| Renter Occupied HU | 419 (13.6%) |
| Vacant Housing Units | 172 ( 5.6%) |
| Median Home Value | $606,849 |
| Average Home Value | $638,798 |
Residential
2,864
Single Family
2,756
Multi-Family
108
Businesses
248
Date | Event | Price |
|---|---|---|
| 2024-10-30 | Price change | $989,900 |
| 2024-10-08 | Price change | $1,049,000 |
| 2024-09-25 | Listed for sale | $1,149,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-11-11 | $8872.00 | 44.78% | $733,200 | 61.53% |
| 2021-11-11 | $6128.00 | 0.64% | $453,900 | 9.58% |
| 2020-11-11 | $6089.00 | N/A | $414,200 | N/A |



Listed by: N/A • Anne Erwin Sotheby's International Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1604899
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782