1210 Lakeview DriveChinaME04358
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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
Rental property for sale in China at 1210 Lakeview Drive, China, ME, 04358 generates $2,920/mo in rent, after a $2,393/mo payment. Total monthly income is $2,920/mo. Return on cash invested sits at 18.68% in year one, and rental yield is 7.17% on a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 96.43% and total cumulative return in cash sums $156,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04358, South China, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,423 (100%) |
| Owner Occupied HU | 1,609 (66.4%) |
| Renter Occupied HU | 282 (11.6%) |
| Vacant Housing Units | 532 (22.0%) |
| Median Home Value | $267,877 |
| Average Home Value | $297,088 |
Housing Distribution
Address Breakdown
Residential
1,599
Single Family
1,599
Multi-Family
0
Businesses
101
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