21 White RoadGeorgetownME04548
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 Georgetown at 21 White Road, Georgetown, ME, 04548 offers a 2.91% rental yield on a $1,575,000 purchase with $3,822/mo rent. 98% in year one. Equity gained on principal adds $10,163/yr while 5% annual appreciation supports $435,143 over five years. Portfolio math shows five-year ROI at 28.23% and total cumulative return in cash at $144,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,822/mo property income against a $7,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04548, Georgetown, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 428 (40.5%) |
| Renter Occupied HU | 80 ( 7.6%) |
| Vacant Housing Units | 550 (52.0%) |
| Median Home Value | $521,825 |
| Average Home Value | $618,592 |
Housing Distribution
Address Breakdown
Residential
499
Single Family
499
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX Riverside
Mls Name: Maine Listings
Mls ID: #1621466