242 Crescent Park RoadNew LimerickME04761
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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 New Limerick at 242 Crescent Park Road, New Limerick, ME, 04761 earns $230/mo cash flow from $1,111/mo rent with a $683/mo payment. Total monthly income totals $1,111/mo, and annual cash flow totals $2,764/yr on $46,244 capital. ROI tracks 25.89% on current figures, and rental yield reads 9.56% at a $139,500 purchase. Equity gained on principal adds $900/yr, and 5% annual appreciation supports $38,541 over five years. Five-year ROI reaches 135.14% and total cumulative return in cash sums $62,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,111/mo property income instead of your personal income.
Single Family
Built in 1940
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04761, New Limerick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 231 (59.4%) |
| Renter Occupied HU | 34 ( 8.7%) |
| Vacant Housing Units | 124 (31.9%) |
| Median Home Value | $260,366 |
| Average Home Value | $271,591 |
Housing Distribution
Address Breakdown
Residential
169
Single Family
158
Multi-Family
11
Businesses
9
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Listed by: N/A • Mooers Realty
Mls Name: Maine Listings
Mls ID: #1588585