21 Harpswell Islands RdHarpswellME04079
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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
Rental property for sale in Harpswell at 21 Harpswell Islands Rd, Harpswell, ME, 04079 priced at $1,322,700 pairs $5,347/mo rent with after a $6,474/mo payment. Total monthly income equals $5,347/mo. Return on cash invested is 11.97% in year one, and rental yield stands at 4.85% on a $1,322,700 basis. Equity gained on principal adds $8,535/yr, and 5% annual appreciation accumulates to $365,438 by year five. Five-year ROI measures 60.33% and total cumulative return in cash reaches $258,530. For financing, Ziffy Mortgage’s DSCR program evaluates $5,347/mo property income against a $6,474/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
N/A 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
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