29 Dillon RoadHarrisonME04040
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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 Harrison at 29 Dillon Road, Harrison, ME, 04040 uses $96,102 cash to close to unlock $11,164/yr annual cash flow and $930/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,419/mo payment keeps the spread at $930/mo. Purchase price stands at $289,900, and rental yield measures 11.42% with $2,760/mo rent. Return on cash invested shows 31.53% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 165.33% and total cumulative return in cash records $158,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04040, Harrison, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,211 (53.5%) |
| Renter Occupied HU | 167 ( 7.4%) |
| Vacant Housing Units | 884 (39.1%) |
| Median Home Value | $394,099 |
| Average Home Value | $479,492 |
Housing Distribution
Address Breakdown
Residential
1,461
Single Family
1,461
Multi-Family
0
Businesses
72
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