154 Main Street, Palmyra, ME, 04965 | $426/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1248 sft

55 River Road, Waterville, ME, 04901

4 Bed
- Bath
- sft

265 Grove Street, Newport, ME, 04953

3 Bed
1 Bath
986 sft

9 Oosoola Street, Norridgewock, ME, 04957

Rental Income+ 1 more

6 Bed
2 Bath
2432 sft

4 Mill Street, Corinna, ME, 04928

Nearby investment properties with comparable prices

3 Bed
1 Bath
1294 sft

21 Pine Street, Skowhegan, ME, 04976

3 Bed
2 Bath
1008 sft

168 Hanscom Road, Benton, ME, 04901

2 Bed
1 Bath
750 sft

979 Moosehead Trail, Dixmont, ME, 04932

3 Bed
2 Bath
1152 sft

27 Adams Street, Skowhegan, ME, 04976

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Palmyra at 154 Main Street, Palmyra, ME, 04965 offers a 10% rental yield on a $211,000 purchase with $1,758/mo rent. Total monthly income registers $1,758/mo, and a $1,033/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,113/yr on $69,947 to close, and return on cash invested stands at 27.22% in year one. Equity gained on principal adds $1,362/yr while 5% annual appreciation supports $58,295 over five years. Portfolio math shows five-year ROI at 142.27% and total cumulative return in cash at $99,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,758/mo property income against a $1,033/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1984

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04965, Palmyra, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	983 (100%)
Owner Occupied HU	727 (74.0%)
Renter Occupied HU	133 (13.5%)
Vacant Housing Units	123 (12.5%)
Median Home Value	$171,013
Average Home Value	$211,881