510 Peacepipe DrLitchfieldME04350
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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 Litchfield at 510 Peacepipe Dr, Litchfield, ME, 04350 with 5% annual appreciation on a $404,800 basis while $2,816/mo rent supports operations. Total monthly income totals $2,816/mo and a $1,981/mo payment preserves $262/mo for cash returns. Annual cash flow comes to $3,138/yr on $134,191 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $2,612/yr, and five-year appreciation sums $111,839 alongside rental yield of 8.35%. Five-year ROI measures 115.55% and total cumulative return in cash totals $155,063.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,816/mo property income versus a $1,981/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04350, Litchfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,945 (100%) |
| Owner Occupied HU | 1,387 (71.3%) |
| Renter Occupied HU | 205 (10.5%) |
| Vacant Housing Units | 353 (18.1%) |
| Median Home Value | $264,507 |
| Average Home Value | $294,084 |
Housing Distribution
Address Breakdown
Residential
1,580
Single Family
1,580
Multi-Family
0
Businesses
53
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