323 Boothby RoadLimingtonME04049
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 Limington at 323 Boothby Road, Limington, ME, 04049 priced at $379,000 pairs $3,290/mo rent with $898/mo cash flow after a $1,855/mo payment. Total monthly income equals $3,290/mo, and annual cash flow comes to $10,777/yr on $125,639 invested. Return on cash invested is 28.49% in year one, and rental yield stands at 10.42% on a $379,000 basis. Equity gained on principal adds $2,446/yr, and 5% annual appreciation accumulates to $104,711 by year five. Five-year ROI measures 149.03% and total cumulative return in cash reaches $187,235. For financing, Ziffy Mortgage’s DSCR program evaluates $3,290/mo property income against a $1,855/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04049, Limington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,390 (76.1%) |
| Renter Occupied HU | 185 (10.1%) |
| Vacant Housing Units | 251 (13.7%) |
| Median Home Value | $364,336 |
| Average Home Value | $385,385 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,403
Multi-Family
0
Businesses
48
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