10 Bradford StreetLewistonME04240
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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 Lewiston at 10 Bradford Street, Lewiston, ME, 04240 uses $114,368 cash to close to unlock $6,903/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $2,753/mo, and a $1,689/mo payment keeps the spread at $575/mo. Purchase price stands at $345,000, and rental yield measures 9.58% with $2,753/mo rent. Return on cash invested shows 25.94% in year one, and 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 135.39% and total cumulative return in cash records $154,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,753/mo property income covering a $1,689/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04240, Lewiston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,860 (100%) |
| Owner Occupied HU | 7,772 (46.1%) |
| Renter Occupied HU | 7,750 (46.0%) |
| Vacant Housing Units | 1,338 ( 7.9%) |
| Median Home Value | $245,673 |
| Average Home Value | $272,189 |
Housing Distribution
Address Breakdown
Residential
15,582
Single Family
13,292
Multi-Family
2,290
Businesses
1,153
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