24 Cedarwood DriveLimingtonME04049
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow24 Cedarwood Drive, Limington, ME, 04049 in Limington is a top-tier cash-flow asset. At $124,900 it produces $2,537/mo in rent and $1,154/mo in net monthly income, a 24.37% gross rental yield. The DSCR of 4.51 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $13,842. Five-year appreciation adds $34,508, driving a total cumulative return of $124,294.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24.4% | 8.0% |
| Monthly Cash Flow | $1,154 | $700 |
City averages based on Limington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,537 |
| Total Monthly Debt Service | $1,334 |
| DSCR Ratio | 1.90x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
$595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04049, Limington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,390 (76.1%) |
| Renter Occupied HU | 185 (10.1%) |
| Vacant Housing Units | 251 (13.7%) |
| Median Home Value | $364,336 |
| Average Home Value | $385,385 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,403
Multi-Family
0
Businesses
48
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
Manufactured
Built in 2023
N/A lot
$N/A/sqft
$595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04049, Limington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,390 (76.1%) |
| Renter Occupied HU | 185 (10.1%) |
| Vacant Housing Units | 251 (13.7%) |
| Median Home Value | $364,336 |
| Average Home Value | $385,385 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,403
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices