4 Hopkins Hill RdNewcastleME04553
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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 Newcastle at 4 Hopkins Hill Rd, Newcastle, ME, 04553 offers a 8.19% rental yield on a $672,800 purchase with $4,594/mo rent. Total monthly income registers $4,594/mo, and a $3,293/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,174/yr on $221,351 to close, and return on cash invested stands at 21.95% in year one. Equity gained on principal adds $4,341/yr while 5% annual appreciation supports $185,882 over five years. Portfolio math shows five-year ROI at 113.89% and total cumulative return in cash at $252,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,594/mo property income against a $3,293/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1775
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04553, Newcastle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 668 (67.3%) |
| Renter Occupied HU | 144 (14.5%) |
| Vacant Housing Units | 180 (18.1%) |
| Median Home Value | $440,486 |
| Average Home Value | $450,591 |
Housing Distribution
Address Breakdown
Residential
811
Single Family
771
Multi-Family
40
Businesses
92
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