78 Oak Ridge RoadShirley MillsME04485
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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
Investment Highlights
Investment property for sale in Shirley Mills at 78 Oak Ridge Road, Shirley Mills, ME, 04485 with 5% annual appreciation on a $199,900 basis while $0/mo rent supports operations. 93% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
13.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04485, Shirley Mills, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 81 (100%) |
| Owner Occupied HU | 36 (44.4%) |
| Renter Occupied HU | 3 ( 3.7%) |
| Vacant Housing Units | 42 (51.9%) |
| Median Home Value | $260,000 |
| Average Home Value | $296,736 |
Housing Distribution
Address Breakdown
Residential
108
Single Family
108
Multi-Family
0
Businesses
2
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Listed by: N/A • Portside Real Estate Group
Mls Name: Maine Listings
Mls ID: #1636920