889 Golden Ridge RoadShermanME04776
Nearby investment properties with comparable rents
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
Investment property for sale in Sherman at 889 Golden Ridge Road, Sherman, ME, 04776 at $164,500 posts ROI 24.71% with $218/mo cash flow from $1,256/mo rent. Total monthly income equals $1,256/mo, and annual cash flow records $2,616/yr on $54,532 to close. Return on cash invested measures 24.71% and rental yield reads 9.16% at the current $164,500. Equity gained on principal adds $1,061/yr, and 5% annual appreciation supports $45,448 by year five. Five-year ROI prints 128.71% and total cumulative return in cash totals $70,186.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,256/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1898
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04776, Sherman Mills, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 488 (100%) |
| Owner Occupied HU | 345 (70.7%) |
| Renter Occupied HU | 33 ( 6.8%) |
| Vacant Housing Units | 110 (22.5%) |
| Median Home Value | $166,250 |
| Average Home Value | $210,486 |
Housing Distribution
Address Breakdown
Residential
273
Single Family
261
Multi-Family
12
Businesses
19
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Nearby investment properties with comparable prices
Listed by: N/A • Mooers Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1622581
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782