188 Boothbay RoadEdgecombME04556
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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 Edgecomb at 188 Boothbay Road, Edgecomb, ME, 04556 with 5% annual appreciation on a $429,900 basis while $2,340/mo rent supports operations. 77% in year one. Equity gained on principal adds $2,774/yr, and five-year appreciation sums $118,773 alongside rental yield of 6.53%. Five-year ROI measures 86.15% and total cumulative return in cash totals $122,767. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $2,104/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04556, Edgecomb, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 810 (100%) |
| Owner Occupied HU | 478 (59.0%) |
| Renter Occupied HU | 75 ( 9.3%) |
| Vacant Housing Units | 257 (31.7%) |
| Median Home Value | $382,222 |
| Average Home Value | $559,786 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
557
Multi-Family
0
Businesses
57
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