199 PEACE PIPE DriveLitchfieldME04350
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 Litchfield at 199 PEACE PIPE Drive, Litchfield, ME, 04350 listed at $503,000 pairs $1,884/mo rent with a $2,462/mo payment. Total monthly income runs $1,884/mo. Return on cash invested measures 10.61% in year one, and rental yield registers 4.49% at a $503,000 basis. Equity gained on principal adds $3,246/yr, and annual property appreciation at 5% supports $138,970 by year five. Five-year ROI tracks 53.14% and total cumulative return in cash totals $87,938. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,884/mo property income relative to a $2,462/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
0.74 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04350, Litchfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,945 (100%) |
| Owner Occupied HU | 1,387 (71.3%) |
| Renter Occupied HU | 205 (10.5%) |
| Vacant Housing Units | 353 (18.1%) |
| Median Home Value | $264,507 |
| Average Home Value | $294,084 |
Housing Distribution
Address Breakdown
Residential
1,580
Single Family
1,580
Multi-Family
0
Businesses
53
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Listed by: N/A • Century 21 North East
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1629076
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782