57 Town Farm RoadHarrisonME04040
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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 Harrison at 57 Town Farm Road, Harrison, ME, 04040 uses $189,175 cash to close to unlock $6,293/yr annual cash flow and $524/mo monthly cash flow. Total monthly income runs $4,153/mo, and a $2,814/mo payment keeps the spread at $524/mo. Purchase price stands at $575,000, and rental yield measures 8.67% with $4,153/mo rent. Return on cash invested shows 23.39% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 121.63% and total cumulative return in cash records $230,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,153/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1955
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04040, Harrison, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,262 (100%) |
| Owner Occupied HU | 1,211 (53.5%) |
| Renter Occupied HU | 167 ( 7.4%) |
| Vacant Housing Units | 884 (39.1%) |
| Median Home Value | $394,099 |
| Average Home Value | $479,492 |
Housing Distribution
Address Breakdown
Residential
1,461
Single Family
1,461
Multi-Family
0
Businesses
72
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