507 Augusta RoadRomeME04963
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rome at 507 Augusta Road, Rome, ME, 04963 earns from $2,400/mo rent with a $2,888/mo payment. Total monthly income totals $2,400/mo. ROI tracks 11.88% on current figures, and rental yield reads 4.88% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 59.91% and total cumulative return in cash sums $116,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 1988
21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04963, Oakland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 2,644 (60.7%) |
| Renter Occupied HU | 649 (14.9%) |
| Vacant Housing Units | 1,062 (24.4%) |
| Median Home Value | $277,160 |
| Average Home Value | $311,606 |
Housing Distribution
Address Breakdown
Residential
3,343
Single Family
3,292
Multi-Family
51
Businesses
208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices