683 Sokokis AvenueLimingtonME04049
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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 Limington at 683 Sokokis Avenue, Limington, ME, 04049 earns $1,076/mo cash flow from $3,600/mo rent with a $1,957/mo payment. Total monthly income totals $3,600/mo, and annual cash flow totals $12,918/yr on $132,567 capital. ROI tracks 29.65% on current figures, and rental yield reads 10.8% at a $399,900 purchase. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 over five years. Five-year ROI reaches 155.26% and total cumulative return in cash sums $205,820. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,600/mo property income instead of your personal income.
Manufactured
Built in 2014
4.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04049, Limington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,826 (100%) |
| Owner Occupied HU | 1,390 (76.1%) |
| Renter Occupied HU | 185 (10.1%) |
| Vacant Housing Units | 251 (13.7%) |
| Median Home Value | $364,336 |
| Average Home Value | $385,385 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,403
Multi-Family
0
Businesses
48
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