204 Rome RoadMercerME04957
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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 Mercer at 204 Rome Road, Mercer, ME, 04957 uses $125,970 cash to close to unlock $2,576/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $2,613/mo, and a $1,860/mo payment keeps the spread at $215/mo. Purchase price stands at $380,000, and rental yield measures 8.25% with $2,613/mo rent. Return on cash invested shows 21.95% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 113.96% and total cumulative return in cash records $143,557. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,613/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04957, Norridgewock, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,124 (100%) |
| Owner Occupied HU | 1,548 (72.9%) |
| Renter Occupied HU | 310 (14.6%) |
| Vacant Housing Units | 266 (12.5%) |
| Median Home Value | $216,588 |
| Average Home Value | $241,660 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,461
Multi-Family
34
Businesses
57
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