281 Cross RoadWashburnME04786
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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 Washburn at 281 Cross Road, Washburn, ME, 04786 offers a 4.67% rental yield on a $647,000 purchase with $2,520/mo rent. 25% in year one. Equity gained on principal adds $4,175/yr while 5% annual appreciation supports $178,754 over five years. Portfolio math shows five-year ROI at 56.52% and total cumulative return in cash at $120,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $3,167/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04786, Washburn, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 870 (100%) |
| Owner Occupied HU | 593 (68.2%) |
| Renter Occupied HU | 159 (18.3%) |
| Vacant Housing Units | 118 (13.6%) |
| Median Home Value | $138,125 |
| Average Home Value | $216,442 |
Housing Distribution
Address Breakdown
Residential
557
Single Family
509
Multi-Family
48
Businesses
36
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