16 Drisko LaneColumbia FallsME04623
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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 Columbia Falls at 16 Drisko Lane, Columbia Falls, ME, 04623 earns from $0/mo rent with a $1,542/mo payment. Total monthly income totals $0/mo. ROI tracks -2.94% on current figures, and rental yield reads 0% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1856
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04623, Columbia Falls, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 370 (61.7%) |
| Renter Occupied HU | 73 (12.2%) |
| Vacant Housing Units | 157 (26.2%) |
| Median Home Value | $156,250 |
| Average Home Value | $197,061 |
Housing Distribution
Address Breakdown
Residential
368
Single Family
368
Multi-Family
0
Businesses
35
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Listed by: N/A • Realty of Maine
Mls Name: Maine Listings
Mls ID: #1632290