







No similar rental properties found nearby.

A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Parsonsfield at 20 Lily Bay Lane, Parsonsfield, ME, 04047 listed at $620,000 pairs $0/mo rent with a $3,035/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -2.96% in year one, and rental yield registers 0% at a $620,000 basis. Equity gained on principal adds $4,001/yr, and annual property appreciation at 5% supports $171,295 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,035/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 04047, Parsonsfield, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,214 (100%) |
| Owner Occupied HU | 691 (56.9%) |
| Renter Occupied HU | 148 (12.2%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $421,679 |
Residential
817
Single Family
817
Multi-Family
0
Businesses
46
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Sold | $620,000 |
| 2025-08-13 | Pending sale | $650,000 |
| 2025-06-02 | Price change | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
No similar rental properties found nearby.



Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1622244
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782