0 Ridgeview RoadHarrisonME04040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Harrison at 0 Ridgeview Road, Harrison, ME, 04040 offers a 8.1% rental yield on a $499,000 purchase with $3,367/mo rent. Total monthly income registers $3,367/mo, and a $2,442/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,617/yr on $165,419 to close, and return on cash invested stands at 21.49% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 111.51% and total cumulative return in cash at $184,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,367/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04040, Harrison, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,211 (53.5%) |
| Renter Occupied HU | 167 ( 7.4%) |
| Vacant Housing Units | 884 (39.1%) |
| Median Home Value | $394,099 |
| Average Home Value | $479,492 |
Housing Distribution
Address Breakdown
Residential
1,461
Single Family
1,461
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices