111 Razorville RoadWashingtonME04574
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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
Rental property for sale in Washington at 111 Razorville Road, Washington, ME, 04574 priced at $199,900 converts $0/mo rent into after a $978/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.93% in year one, and rental yield reads 0% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $978/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
3.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04574, Washington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 548 (68.8%) |
| Renter Occupied HU | 64 ( 8.0%) |
| Vacant Housing Units | 184 (23.1%) |
| Median Home Value | $242,105 |
| Average Home Value | $287,304 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
673
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Gregory W. Peet Real Estate
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1585290
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782