55 Cape Cod Hill RoadNew SharonME04955
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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 New Sharon at 55 Cape Cod Hill Road, New Sharon, ME, 04955 uses $97,793 cash to close to unlock $337/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $1,890/mo, and a $1,444/mo payment keeps the spread at $28/mo. Purchase price stands at $295,000, and rental yield measures 7.69% with $1,890/mo rent. Return on cash invested shows 20.25% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 104.89% and total cumulative return in cash records $102,578. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1798
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04955, New Sharon, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 558 (75.7%) |
| Renter Occupied HU | 75 (10.2%) |
| Vacant Housing Units | 104 (14.1%) |
| Median Home Value | $224,648 |
| Average Home Value | $239,126 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
605
Multi-Family
0
Businesses
35
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Listed by: N/A • Allied Realty
Mls Name: Maine Listings
Mls ID: #1644136