130 Lewis Hill RoadNewcastleME04553
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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 Newcastle at 130 Lewis Hill Road, Newcastle, ME, 04553 priced at $670,000 pairs $2,942/mo rent with after a $3,279/mo payment. Total monthly income equals $2,942/mo. Return on cash invested is 13.06% in year one, and rental yield stands at 5.27% on a $670,000 basis. Equity gained on principal adds $4,323/yr, and 5% annual appreciation accumulates to $185,109 by year five. Five-year ROI measures 66.23% and total cumulative return in cash reaches $145,997. For financing, Ziffy Mortgage’s DSCR program evaluates $2,942/mo property income against a $3,279/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1875
4.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04553, Newcastle, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 668 (67.3%) |
| Renter Occupied HU | 144 (14.5%) |
| Vacant Housing Units | 180 (18.1%) |
| Median Home Value | $440,486 |
| Average Home Value | $450,591 |
Housing Distribution
Address Breakdown
Residential
811
Single Family
771
Multi-Family
40
Businesses
92
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