117 Gile WayLebanonME04027
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Nearby investment properties with comparable prices
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 Lebanon at 117 Gile Way, Lebanon, ME, 04027 priced at $550,000 converts $4,000/mo rent into $529/mo cash flow after a $2,692/mo obligation. Total monthly income equals $4,000/mo, and annual cash flow totals $6,346/yr on $180,950 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 8.73% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 122.59% and total cumulative return in cash sums $221,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,000/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2013
3.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04027, Lebanon, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,339 (81.0%) |
| Renter Occupied HU | 285 ( 9.9%) |
| Vacant Housing Units | 265 ( 9.2%) |
| Median Home Value | $361,498 |
| Average Home Value | $383,656 |
Housing Distribution
Address Breakdown
Residential
2,465
Single Family
2,465
Multi-Family
0
Businesses
73
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