11 Castle RoadHarmonyME04942
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
Rental property for sale in Harmony at 11 Castle Road, Harmony, ME, 04942 priced at $125,000 pairs $986/mo rent with $197/mo cash flow after a $612/mo payment. Total monthly income equals $986/mo, and annual cash flow comes to $2,363/yr on $41,438 invested. Return on cash invested is 25.61% in year one, and rental yield stands at 9.47% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 133.57% and total cumulative return in cash reaches $55,349. For financing, Ziffy Mortgage’s DSCR program evaluates $986/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04942, Harmony, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,142 (100%) |
| Owner Occupied HU | 493 (43.2%) |
| Renter Occupied HU | 61 ( 5.3%) |
| Vacant Housing Units | 588 (51.5%) |
| Median Home Value | $237,981 |
| Average Home Value | $249,696 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices