52 Woods LaneDamariscottaME04543
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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 Damariscotta at 52 Woods Lane, Damariscotta, ME, 04543 with 5% annual appreciation on a $675,000 basis while $3,594/mo rent supports operations. 46% in year one. Equity gained on principal adds $4,356/yr, and five-year appreciation sums $186,490 alongside rental yield of 6.39%. Five-year ROI measures 84.48% and total cumulative return in cash totals $187,599. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,594/mo property income versus a $3,304/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04543, Damariscotta, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,456 (100%) |
| Owner Occupied HU | 788 (54.1%) |
| Renter Occupied HU | 372 (25.5%) |
| Vacant Housing Units | 296 (20.3%) |
| Median Home Value | $372,052 |
| Average Home Value | $444,632 |
Housing Distribution
Address Breakdown
Residential
876
Single Family
740
Multi-Family
136
Businesses
259
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Listed by: N/A • Drum & Drum Real Estate Inc.
Mls Name: Maine Listings
Mls ID: #1635020