159 Lombard Dam RoadVassalboroME04989
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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
Investment property for sale in Vassalboro at 159 Lombard Dam Road, Vassalboro, ME, 04989 uses $85,560 cash to close to unlock $4,936/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,263/mo payment keeps the spread at $411/mo. Purchase price stands at $258,100, and rental yield measures 9.48% with $2,040/mo rent. Return on cash invested shows 25.68% in year one, and 5% annual appreciation builds toward $71,308 over five years. Five-year ROI reaches 133.97% and total cumulative return in cash records $114,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,263/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04989, Vassalboro, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,654 (72.4%) |
| Renter Occupied HU | 326 (14.3%) |
| Vacant Housing Units | 306 (13.4%) |
| Median Home Value | $265,233 |
| Average Home Value | $286,267 |
Housing Distribution
Address Breakdown
Residential
1,873
Single Family
1,860
Multi-Family
13
Businesses
29
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Listed by: N/A • McAllister Real Estate
Mls Name: Maine Listings
Mls ID: #1645366