144 Harrison RoadEdmunds TwpME04628
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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
Investment property for sale in Edmunds Twp at 144 Harrison Road, Edmunds Twp, ME, 04628 offers a 8.65% rental yield on a $249,900 purchase with $1,802/mo rent. Total monthly income registers $1,802/mo, and a $1,223/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,700/yr on $82,842 to close, and return on cash invested stands at 23.17% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 120.46% and total cumulative return in cash at $99,794. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1896
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04628, Dennysville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 251 (65.7%) |
| Renter Occupied HU | 38 ( 9.9%) |
| Vacant Housing Units | 93 (24.3%) |
| Median Home Value | $186,824 |
| Average Home Value | $209,124 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
290
Multi-Family
17
Businesses
17
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Listed by: N/A • NextHome Experience
Mls Name: Maine Listings
Mls ID: #1649085