393 Main StreetLimestoneME04750
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
Investment property for sale in Limestone at 393 Main Street, Limestone, ME, 04750 offers a 9.12% rental yield on a $129,900 purchase with $987/mo rent. Total monthly income registers $987/mo, and a $636/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,004/yr on $43,062 to close, and return on cash invested stands at 24.56% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 127.95% and total cumulative return in cash at $55,099. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $987/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04750, Limestone, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,054 (100%) |
| Owner Occupied HU | 536 (50.9%) |
| Renter Occupied HU | 258 (24.5%) |
| Vacant Housing Units | 260 (24.7%) |
| Median Home Value | $124,597 |
| Average Home Value | $167,640 |
Housing Distribution
Address Breakdown
Residential
795
Single Family
747
Multi-Family
48
Businesses
64
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Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX County
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1624082
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. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782