8 Beech Hill RoadNorthportME04849
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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 Northport at 8 Beech Hill Road, Northport, ME, 04849 offers a 9.11% rental yield on a $395,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $1,933/mo payment leaves $507/mo available for distribution. Annual cash flow reaches $6,089/yr on $130,943 to close, and return on cash invested stands at 24.56% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 127.96% and total cumulative return in cash at $167,550. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04849, Lincolnville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,563 (55.9%) |
| Renter Occupied HU | 245 ( 8.8%) |
| Vacant Housing Units | 989 (35.4%) |
| Median Home Value | $368,066 |
| Average Home Value | $500,694 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
2,028
Multi-Family
0
Businesses
92
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