63 RaccoonCushingME04563
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Nearby investment properties with comparable prices
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
Rental property for sale in Cushing at 63 Raccoon, Cushing, ME, 04563 offers $2,932/mo rent that, after a $3,842/mo payment. Total monthly income is $2,932/mo. Return on cash invested measures 10.66% in year one, and rental yield stands at 4.48% at a $785,000 entry. Equity gained on principal adds $5,065/yr while 5% annual appreciation compounds into $216,881 by year five. Five-year ROI records 53.4% and total cumulative return in cash reaches $137,906. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,932/mo property income versus a $3,842/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
5.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04563, Cushing, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 912 (100%) |
| Owner Occupied HU | 520 (57.0%) |
| Renter Occupied HU | 113 (12.4%) |
| Vacant Housing Units | 279 (30.6%) |
| Median Home Value | $490,909 |
| Average Home Value | $558,505 |
Housing Distribution
Address Breakdown
Residential
735
Single Family
735
Multi-Family
0
Businesses
14
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