197 Ash Point RdHarpswellME04079
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow197 Ash Point Rd, Harpswell, ME, 04079 in Harpswell earns its strong cash-flow label: 10.2% yield, $2,825/mo rent, $728/mo net income, DSCR 1.89. The $332,200 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $91,781 by year five. Combined with $3,060/yr in principal paydown, total projected return reaches $173,034.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.2% |
| Monthly Cash Flow | $728 | $350 |
City averages based on Harpswell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,825 |
| Total Monthly Debt Service | $1,964 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04079, Harpswell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 1,744 (52.2%) |
| Renter Occupied HU | 284 ( 8.5%) |
| Vacant Housing Units | 1,313 (39.3%) |
| Median Home Value | $755,906 |
| Average Home Value | $839,537 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,280
Multi-Family
0
Businesses
74
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
Single Family
Built in 1960
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04079, Harpswell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,341 (100%) |
| Owner Occupied HU | 1,744 (52.2%) |
| Renter Occupied HU | 284 ( 8.5%) |
| Vacant Housing Units | 1,313 (39.3%) |
| Median Home Value | $755,906 |
| Average Home Value | $839,537 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,280
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices