13 Liberty RoadWashingtonME04574
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 Washington at 13 Liberty Road, Washington, ME, 04574 offers $3,193/mo rent that, after a $2,080/mo payment, leaves $511/mo cash flow. Total monthly income is $3,193/mo, and annual cash flow is $6,131/yr on $140,888 cash. Return on cash invested measures 24.26% in year one, and rental yield stands at 9.02% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 126.33% and total cumulative return in cash reaches $177,977. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,193/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
7,405 sqft 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
Nearby investment properties with comparable prices
Listed by: N/A • Cates Real Estate
Mls Name: Maine Listings
Mls ID: #1626856