141 Moses Gerrish Farmer Road, Eliot, ME, 03903 | $529/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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141 Moses Gerrish Farmer Road, Eliot, ME, 03903 | $529/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Eliot at 141 Moses Gerrish Farmer Road, Eliot, ME, 03903 offers $3,684/mo rent that, after a $2,447/mo payment, leaves $529/mo cash flow. Total monthly income is $3,684/mo, and annual cash flow is $6,344/yr on $165,750 cash. Return on cash invested measures 23.74% in year one, and rental yield stands at 8.84% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 123.52% and total cumulative return in cash reaches $204,740. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,684/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1955

6 Acres lot

$N/A/sqft

No HOA

More details about the property

What an incredible opportunity to buy this charming home on 6+ acres in Eliot! Priced to sell! The main floor has 2 bedrooms and a full bathroom, eat-in kitchen, a comfortable living room, and a sunroom/mudroom. With a huge yard and lots of property to explore and play, you have lots of elbow room without being secluded in the woods! And with a single car garage, and additional outbuildings for your equipment/storage needs. Walking distance to Maine Market and just a hop, skip, and a jump to other great restaurants, stores, schools, and more right in Eliot! Just a couple of minutes away from the Eliot Boat Launch, very easily access to 236, Portsmouth, beaches, and I-95 - this is a great home for commuters, homesteaders, and more. Don't sleep on this one, because it won't last long. Properties with this much land aren't common, so make an appointment to see it today. Open house 7/12/2025 from 11AM-1PM, 7/13/2025 10AM-12PM. Please submit offers by Monday 7/14/2025 at 3 p.m.. FYI Town GIS map is inaccurate, see attachments for estimated lot lines and parcel offerings

Neighborhood Data

Neighborhood data shown for ZIP Code: 03903, Eliot, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,085 (100%)
Owner Occupied HU	2,494 (80.8%)
Renter Occupied HU	419 (13.6%)
Vacant Housing Units	172 ( 5.6%)
Median Home Value	$606,849
Average Home Value	$638,798