24 Spruce Brook DriveHarpswellME04079
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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 Harpswell at 24 Spruce Brook Drive, Harpswell, ME, 04079 at $739,500 posts ROI 11.8% with from $3,042/mo rent. Total monthly income equals $3,042/mo. Return on cash invested measures 11.8% and rental yield reads 4.94% at the current $739,500. Equity gained on principal adds $4,772/yr, and 5% annual appreciation supports $204,310 by year five. Five-year ROI prints 59.59% and total cumulative return in cash totals $144,969. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,042/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
2.01 Acres lot
$N/A/sqft
$50 monthly 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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Listed by: N/A • Legacy Properties Sotheby's International Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1622073
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