492 Lewis RoadHarrisonME04040
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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 Harrison at 492 Lewis Road, Harrison, ME, 04040 with 5% annual appreciation on a $425,000 basis while $3,966/mo rent supports operations. Total monthly income totals $3,966/mo and a $2,080/mo payment preserves $1,284/mo for cash returns. Annual cash flow comes to $15,407/yr on $140,888 deployed, and return on cash invested reaches 30.84% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 11.2%. Five-year ROI measures 161.63% and total cumulative return in cash totals $227,717.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,966/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
7.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04040, Harrison, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,211 (53.5%) |
| Renter Occupied HU | 167 ( 7.4%) |
| Vacant Housing Units | 884 (39.1%) |
| Median Home Value | $394,099 |
| Average Home Value | $479,492 |
Housing Distribution
Address Breakdown
Residential
1,461
Single Family
1,461
Multi-Family
0
Businesses
72
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