169 Old Lewiston RoadNorth MonmouthME04265
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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 North Monmouth at 169 Old Lewiston Road, North Monmouth, ME, 04265 offers $0/mo rent that, after a $1,395/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.94% in year one, and rental yield stands at 0% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04265, North Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 397 (77.7%) |
| Renter Occupied HU | 34 ( 6.7%) |
| Vacant Housing Units | 80 (15.7%) |
| Median Home Value | $232,955 |
| Average Home Value | $231,713 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
21
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No similar rental properties found nearby.
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Listed by: N/A • Fontaine Family-The Real Estate Leader
Mls Name: Maine Listings
Mls ID: #1647141