78 Clarks Cove Road, Walpole, ME, 04573 | Equity Gain $1,926/yr | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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

Rental property for sale in Walpole at 78 Clarks Cove Road, Walpole, ME, 04573 offers $0/mo rent that, after a $1,461/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.94% in year one, and rental yield stands at 0% at a $298,500 entry. Equity gained on principal adds $1,926/yr while 5% annual appreciation compounds into $82,470 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,461/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

7.92 Acres lot

$N/A/sqft

No HOA

More details about the property

Delightful 3 seasons cottage and two car garage located on the Clarks Cove Road in Walpole and on the way to South Bristol Village. There are 7.92 surveyed acres of meadow & woods that abut a nature conservancy . The cottage has 2 bedrooms, 1 bathroom, kitchen area and open living /dining room . Knotty pine board wall interior . Some furnishing to be sold. There are repairs to be done as cottage has not been in use . Cottage is being sold in where is as is condition. Come and see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04573, Walpole, ME area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)307 (100%)
Owner Occupied HU202 (65.8%)
Renter Occupied HU30 ( 9.8%)
Vacant Housing Units75 (24.4%)
Median Home Value$636,364
Average Home Value$870,990

Address Breakdown

Residential

203

Single Family

203

Multi-Family

0

Businesses

18

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 1968
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: 1 - 4 Spaces, Gravel, Detached

Location

  • City: Walpole
  • State: ME
  • Subdivision: N/A
  • Lot Size: 7.92 Acres
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: N/A • Round Pond Realty 

Mls Name: Maine Listings

Mls ID: #1624856

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