141 Lakewood RdCascoME04015
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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 Casco at 141 Lakewood Rd, Casco, ME, 04015 offers $2,886/mo rent that, after a $2,869/mo payment. Total monthly income is $2,886/mo. Return on cash invested measures 15% in year one, and rental yield stands at 5.91% at a $586,100 entry. Equity gained on principal adds $3,782/yr while 5% annual appreciation compounds into $161,929 by year five. Five-year ROI records 76.65% and total cumulative return in cash reaches $147,796. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,886/mo property income versus a $2,869/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04015, Casco, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,060 (100%) |
| Owner Occupied HU | 1,316 (43.0%) |
| Renter Occupied HU | 256 ( 8.4%) |
| Vacant Housing Units | 1,488 (48.6%) |
| Median Home Value | $510,539 |
| Average Home Value | $678,892 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
54
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