37 Silver LaneLimerickME04048
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 Limerick at 37 Silver Lane, Limerick, ME, 04048 priced at $399,900 pairs $2,822/mo rent with $298/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,822/mo, and annual cash flow comes to $3,582/yr on $132,567 invested. Return on cash invested is 22.61% in year one, and rental yield stands at 8.47% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 117.5% and total cumulative return in cash reaches $155,768. For financing, Ziffy Mortgage’s DSCR program evaluates $2,822/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04048, Limerick, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,724 (100%) |
| Owner Occupied HU | 1,147 (66.5%) |
| Renter Occupied HU | 179 (10.4%) |
| Vacant Housing Units | 398 (23.1%) |
| Median Home Value | $332,169 |
| Average Home Value | $370,009 |
Housing Distribution
Address Breakdown
Residential
1,308
Single Family
1,289
Multi-Family
19
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices