602 Hussey Hill RoadVassalboroME04989
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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 Vassalboro at 602 Hussey Hill Road, Vassalboro, ME, 04989 listed at $799,999 pairs $2,159/mo rent with a $3,916/mo payment. Total monthly income runs $2,159/mo. Return on cash invested measures 6.88% in year one, and rental yield registers 3.24% at a $799,999 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $221,025 by year five. Five-year ROI tracks 33.12% and total cumulative return in cash totals $87,175. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,159/mo property income relative to a $3,916/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
37.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,654 (72.4%) |
| Renter Occupied HU | 326 (14.3%) |
| Vacant Housing Units | 306 (13.4%) |
| Median Home Value | $265,233 |
| Average Home Value | $286,267 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,860
Multi-Family
13
Businesses
29
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Listed by: N/A • Brookewood Realty
Mls Name: Maine Listings
Mls ID: #1644871