77 Manchester RoadNortheast HarborME04662
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Northeast Harbor at 77 Manchester Road, Northeast Harbor, ME, 04662 projects strong ROI of -4.16%. Rental yield 0%. With 5% annual appreciation, the property builds $1,380,026 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.0% |
| Monthly Cash Flow | $0 | $800 |
City averages based on Northeast Harbor market data in our database. Property projections are estimates.
Single Family
Built in 1990
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04662, Northeast Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 540 (100%) |
| Owner Occupied HU | 166 (30.7%) |
| Renter Occupied HU | 48 ( 8.9%) |
| Vacant Housing Units | 326 (60.4%) |
| Median Home Value | $573,718 |
| Average Home Value | $663,765 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1990
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04662, Northeast Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 540 (100%) |
| Owner Occupied HU | 166 (30.7%) |
| Renter Occupied HU | 48 ( 8.9%) |
| Vacant Housing Units | 326 (60.4%) |
| Median Home Value | $573,718 |
| Average Home Value | $663,765 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • LandVest, Inc.
Mls Name: Maine Listings
Mls ID: #1630080