87 Main StHarrisonME04040
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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 Harrison at 87 Main St, Harrison, ME, 04040 offers $4,036/mo rent that, after a $949/mo payment, leaves $2,812/mo cash flow. Total monthly income is $4,036/mo, and annual cash flow is $33,749/yr on $64,245 cash. Return on cash invested measures 72.44% in year one, and rental yield stands at 24.99% at a $193,800 entry. Equity gained on principal adds $1,251/yr while 5% annual appreciation compounds into $53,543 by year five. Five-year ROI records 384.73% and total cumulative return in cash reaches $247,169. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,036/mo property income versus a $949/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.46 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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