502 River RoadCushingME04563
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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 Cushing at 502 River Road, Cushing, ME, 04563 with 5% annual appreciation on a $350,000 basis while $2,491/mo rent supports operations. Total monthly income totals $2,491/mo and a $1,713/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,386/yr on $116,025 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 8.54%. Five-year ROI measures 118.67% and total cumulative return in cash totals $137,690.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,491/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1840
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04563, Cushing, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 520 (57.0%) |
| Renter Occupied HU | 113 (12.4%) |
| Vacant Housing Units | 279 (30.6%) |
| Median Home Value | $490,909 |
| Average Home Value | $558,505 |
Housing Distribution
Address Breakdown
Residential
735
Single Family
735
Multi-Family
0
Businesses
14
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