613 Bog RoadLimestoneME04750
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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 Limestone at 613 Bog Road, Limestone, ME, 04750 offers a 9.38% rental yield on a $194,000 purchase with $1,517/mo rent. Total monthly income registers $1,517/mo, and a $950/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,506/yr on $64,311 to close, and return on cash invested stands at 25.36% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 132.31% and total cumulative return in cash at $85,088. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,517/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04750, Limestone, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,054 (100%) |
| Owner Occupied HU | 536 (50.9%) |
| Renter Occupied HU | 258 (24.5%) |
| Vacant Housing Units | 260 (24.7%) |
| Median Home Value | $124,597 |
| Average Home Value | $167,640 |
Housing Distribution
Address Breakdown
Residential
795
Single Family
747
Multi-Family
48
Businesses
64
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