515 Range E Road, Limerick, ME, 04048 | 5.5% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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515 Range E Road, Limerick, ME, 04048 | 5.5% Rental Yield | Ziffy

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Limerick at 515 Range E Road, Limerick, ME, 04048 priced at $549,999 converts $2,520/mo rent into after a $2,692/mo obligation. Total monthly income equals $2,520/mo. Return on cash invested prints 13.75% in year one, and rental yield reads 5.5% against a $549,999 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 69.95% and total cumulative return in cash sums $126,573. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $2,692/mo payment, not borrower’s personal income.

Single Family

Built in 2025

1.44 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this brand-new Colonial nestled in the peaceful countryside of Limerick, Maine. Set on a spacious lot with gorgeous mountain views, this thoughtfully designed home offers the perfect blend of modern comfort, timeless style, and room to grow. Inside, you'll find a layout with abundant natural light, a bright and stylish kitchen, and spacious living and dining areas ideal for gathering and everyday living. Upstairs features three bedrooms, including a spacious, serene primary suite, and there's plenty of potential for future expansion with an unfinished bonus space and full basement. Located just a short drive from downtown Limerick, enjoy small-town charm with local shops, farms, restaurants, and community events. Outdoor enthusiasts will love easy access to Pickerel Pond, Sokokis Lake, and the nearby White Mountains, offering year-round recreation including boating, hiking, fishing, and snowmobiling. You're also within commuting distance to Portland, Sanford, and North Conway, making this an ideal home base for work or weekend getaways. This exceptional Colonial is a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 04048, Limerick, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,724 (100%)
Owner Occupied HU	1,147 (66.5%)
Renter Occupied HU	179 (10.4%)
Vacant Housing Units	398 (23.1%)
Median Home Value	$332,169
Average Home Value	$370,009