10 Corbett RoadLeeME04455
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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 Lee at 10 Corbett Road, Lee, ME, 04455 uses $38,122 cash to close to unlock $2,101/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $901/mo, and a $563/mo payment keeps the spread at $175/mo. Purchase price stands at $114,999, and rental yield measures 9.4% with $901/mo rent. Return on cash invested shows 25.42% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 132.7% and total cumulative return in cash records $50,589. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $901/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 2015
15.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04455, Lee, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 335 (57.5%) |
| Renter Occupied HU | 41 ( 7.0%) |
| Vacant Housing Units | 207 (35.5%) |
| Median Home Value | $185,081 |
| Average Home Value | $197,403 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
16
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