28 Searles StreetLivermore FallsME04254
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
Rental property for sale in Livermore Falls at 28 Searles Street, Livermore Falls, ME, 04254 priced at $249,999 pairs $1,756/mo rent with $178/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,756/mo, and annual cash flow comes to $2,134/yr on $82,875 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 8.43% on a $249,999 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 116.8% and total cumulative return in cash reaches $96,802. For financing, Ziffy Mortgage’s DSCR program evaluates $1,756/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04254, Livermore Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,474 (100%) |
| Owner Occupied HU | 881 (59.8%) |
| Renter Occupied HU | 429 (29.1%) |
| Vacant Housing Units | 164 (11.1%) |
| Median Home Value | $160,511 |
| Average Home Value | $188,286 |
Housing Distribution
Address Breakdown
Residential
1,391
Single Family
1,298
Multi-Family
93
Businesses
86
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Listed by: N/A • Hearth & Key Realty
Mls Name: Maine Listings
Mls ID: #1639529