48 Calderwood RoadWashingtonME04574
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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 Washington at 48 Calderwood Road, Washington, ME, 04574 uses $77,903 cash to close to unlock $1,753/yr annual cash flow and $146/mo monthly cash flow. Total monthly income runs $1,629/mo, and a $1,150/mo payment keeps the spread at $146/mo. Purchase price stands at $235,000, and rental yield measures 8.32% with $1,629/mo rent. Return on cash invested shows 22.16% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 115.12% and total cumulative return in cash records $89,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,629/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1890
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04574, Washington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 548 (68.8%) |
| Renter Occupied HU | 64 ( 8.0%) |
| Vacant Housing Units | 184 (23.1%) |
| Median Home Value | $242,105 |
| Average Home Value | $287,304 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
673
Multi-Family
0
Businesses
39
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Listed by: N/A • Epique Realty
Mls Name: Maine Listings
Mls ID: #1630091