183 Folsom Pond RoadLincolnME04457
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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 Lincoln at 183 Folsom Pond Road, Lincoln, ME, 04457 priced at $299,000 pairs $2,095/mo rent with $208/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,095/mo, and annual cash flow comes to $2,501/yr on $99,119 invested. Return on cash invested is 22.43% in year one, and rental yield stands at 8.41% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 116.55% and total cumulative return in cash reaches $115,522. For financing, Ziffy Mortgage’s DSCR program evaluates $2,095/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04457, Lincoln, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,318 (100%) |
| Owner Occupied HU | 2,100 (63.3%) |
| Renter Occupied HU | 564 (17.0%) |
| Vacant Housing Units | 654 (19.7%) |
| Median Home Value | $208,458 |
| Average Home Value | $241,743 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,515
Multi-Family
71
Businesses
225
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