36 Mill StreetHarringtonME04643
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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 Harrington at 36 Mill Street, Harrington, ME, 04643 at $258,000 posts ROI 24.14% with $302/mo cash flow from $1,930/mo rent. Total monthly income equals $1,930/mo, and annual cash flow records $3,618/yr on $85,527 to close. Return on cash invested measures 24.14% and rental yield reads 8.98% at the current $258,000. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,281 by year five. Five-year ROI prints 125.72% and total cumulative return in cash totals $107,522.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,930/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1821
0.80 Acres lot
$N/A/sqft
No HOA
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Listed by: N/A • United Country Lifestyle Properties of Maine
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1596134
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2023 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782