446 Doles Ridge RoadLimerickME04048
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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
Rental property for sale in Limerick at 446 Doles Ridge Road, Limerick, ME, 04048 priced at $349,000 converts $2,520/mo rent into $318/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $3,811/yr on $115,694 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 8.66% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 120.67% and total cumulative return in cash sums $139,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 2016
1.60 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
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