181 Watson Hill RoadLimerickME04048
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
Investment property for sale in Limerick at 181 Watson Hill Road, Limerick, ME, 04048 at $199,000 posts ROI 24.69% with $263/mo cash flow from $1,519/mo rent. Total monthly income equals $1,519/mo, and annual cash flow records $3,157/yr on $65,969 to close. Return on cash invested measures 24.69% and rental yield reads 9.16% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 128.72% and total cumulative return in cash totals $84,918.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1990
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04048, Limerick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,724 (100%) |
| Owner Occupied HU | 1,147 (66.5%) |
| Renter Occupied HU | 179 (10.4%) |
| Vacant Housing Units | 398 (23.1%) |
| Median Home Value | $332,169 |
| Average Home Value | $370,009 |
Housing Distribution
Address Breakdown
Residential
1,308
Single Family
1,289
Multi-Family
19
Businesses
70
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