16 Towers RoadGreenbushME04418
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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 Greenbush at 16 Towers Road, Greenbush, ME, 04418 with 5% annual appreciation on a $299,999 basis while $2,005/mo rent supports operations. Total monthly income totals $2,005/mo and a $1,468/mo payment preserves $112/mo for cash returns. Annual cash flow comes to $1,344/yr on $99,450 deployed, and return on cash invested reaches 21.26% in year one. Equity gained on principal adds $1,936/yr, and five-year appreciation sums $82,884 alongside rental yield of 8.02%. Five-year ROI measures 110.24% and total cumulative return in cash totals $109,632.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,005/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04418, Greenbush, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 658 (68.3%) |
| Renter Occupied HU | 93 ( 9.7%) |
| Vacant Housing Units | 212 (22.0%) |
| Median Home Value | $147,143 |
| Average Home Value | $188,587 |
Housing Distribution
Address Breakdown
Residential
624
Single Family
624
Multi-Family
0
Businesses
9
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