240 Higgins RoadPittsfieldME04967
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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 Pittsfield at 240 Higgins Road, Pittsfield, ME, 04967 offers a 7.66% rental yield on a $203,000 purchase with $1,295/mo rent. Total monthly income registers $1,295/mo, and a $994/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $161/yr on $67,295 to close, and return on cash invested stands at 20.15% in year one. Equity gained on principal adds $1,310/yr while 5% annual appreciation supports $56,085 over five years. Portfolio math shows five-year ROI at 104.32% and total cumulative return in cash at $70,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,295/mo property income against a $994/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
188 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • Better Homes & Gardens Real Estate/The Masiello Group
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1617627
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