99 North RoadHarmonyME04942
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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 Harmony at 99 North Road, Harmony, ME, 04942 uses $57,979 cash to close to unlock $3,351/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $1,383/mo, and a $856/mo payment keeps the spread at $279/mo. Purchase price stands at $174,900, and rental yield measures 9.49% with $1,383/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash records $77,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,383/mo property income covering a $856/mo payment rather than investor’s personal income.
Single Family
Built in 1860
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04942, Harmony, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,142 (100%) |
| Owner Occupied HU | 493 (43.2%) |
| Renter Occupied HU | 61 ( 5.3%) |
| Vacant Housing Units | 588 (51.5%) |
| Median Home Value | $237,981 |
| Average Home Value | $249,696 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
19
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