9 Wood StSouthwest 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 9 Wood St, Southwest Harbor, ME, 04679 with 5% annual appreciation on a $1,150,000 basis while $3,074/mo rent supports operations. 89% in year one. Equity gained on principal adds $7,421/yr, and five-year appreciation sums $317,724 alongside rental yield of 3.21%. Five-year ROI measures 33.11% and total cumulative return in cash totals $123,381. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,074/mo property income versus a $5,629/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
10,018 sqft 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 • N/A
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Mls ID: #N/A