5 Wards Pond RoadLimingtonME04049
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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 Limington at 5 Wards Pond Road, Limington, ME, 04049 generates $2,885/mo in rent, after a $2,814/mo payment. Total monthly income is $2,885/mo. Return on cash invested sits at 15.34% in year one, and rental yield is 6.02% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 78.5% and total cumulative return in cash sums $148,499. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,885/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04049, Limington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,390 (76.1%) |
| Renter Occupied HU | 185 (10.1%) |
| Vacant Housing Units | 251 (13.7%) |
| Median Home Value | $364,336 |
| Average Home Value | $385,385 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,403
Multi-Family
0
Businesses
48
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