9 Hoffman's Way LnGeorgetownME04548
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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
Rental property for sale in Georgetown at 9 Hoffman's Way Ln, Georgetown, ME, 04548 priced at $450,300 converts $4,331/mo rent into $1,489/mo cash flow after a $2,204/mo obligation. Total monthly income equals $4,331/mo, and annual cash flow totals $17,869/yr on $149,274 invested. Return on cash invested prints 31.88% in year one, and rental yield reads 11.54% against a $450,300 entry. Equity gained on principal adds $2,906/yr, while 5% annual appreciation compiles into $124,410 by year five. Five-year ROI reaches 167.22% and total cumulative return in cash sums $249,616. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,331/mo property income covering a $2,204/mo payment, not borrower’s personal income.
Apartment
Built in N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04548, Georgetown, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 428 (40.5%) |
| Renter Occupied HU | 80 ( 7.6%) |
| Vacant Housing Units | 550 (52.0%) |
| Median Home Value | $521,825 |
| Average Home Value | $618,592 |
Housing Distribution
Address Breakdown
Residential
499
Single Family
499
Multi-Family
0
Businesses
40
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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