197 Ash Point RdHarpswellME04079
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 Harpswell at 197 Ash Point Rd, Harpswell, ME, 04079 at $332,200 posts ROI 27.85% with $728/mo cash flow from $2,825/mo rent. Total monthly income equals $2,825/mo, and annual cash flow records $8,741/yr on $110,124 to close. Return on cash invested measures 27.85% and rental yield reads 10.2% at the current $332,200. Equity gained on principal adds $2,144/yr, and 5% annual appreciation supports $91,781 by year five. Five-year ROI prints 145.59% and total cumulative return in cash totals $160,325.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,825/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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