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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lewiston at 10 Circle Drive, Lewiston, ME, 04240 offers $1,257/mo rent that, after a $778/mo payment, leaves $254/mo cash flow. Total monthly income is $1,257/mo, and annual cash flow is $3,045/yr on $52,709 cash. Return on cash invested measures 25.69% in year one, and rental yield stands at 9.49% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 134% and total cumulative return in cash reaches $70,632. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,257/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04240, Lewiston, ME area.
| 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 |
Residential
15,582
Single Family
13,292
Multi-Family
2,290
Businesses
1,153
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • The Maine Real Estate Experience
Mls Name: Maine Listings
Mls ID: #1634353
