89 Clark Point RoadSouthwest HarborME04679
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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 Southwest Harbor at 89 Clark Point Road, Southwest Harbor, ME, 04679 offers a 2.15% rental yield on a $1,095,000 purchase with $1,966/mo rent. 65% in year one. Equity gained on principal adds $7,066/yr while 5% annual appreciation supports $302,528 over five years. Portfolio math shows five-year ROI at 15.7% and total cumulative return in cash at $55,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,966/mo property income against a $5,359/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04679, Southwest Harbor, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 580 (39.0%) |
| Renter Occupied HU | 262 (17.6%) |
| Vacant Housing Units | 647 (43.5%) |
| Median Home Value | $430,804 |
| Average Home Value | $459,922 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
348
Multi-Family
75
Businesses
140
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Listed by: N/A • Quietside Realty
Mls Name: Maine Listings
Mls ID: #1628189