209 Lost Mile RoadWest NewfieldME04095
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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 West Newfield at 209 Lost Mile Road, West Newfield, ME, 04095 priced at $594,000 converts $0/mo rent into after a $2,907/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.96% in year one, and rental yield reads 0% against a $594,000 entry. Equity gained on principal adds $3,833/yr, while 5% annual appreciation compiles into $164,111 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,907/mo payment, not borrower’s personal income.
Single Family
Built in 2019
250 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04095, West Newfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 671 (54.3%) |
| Renter Occupied HU | 81 ( 6.6%) |
| Vacant Housing Units | 484 (39.2%) |
| Median Home Value | $363,298 |
| Average Home Value | $445,175 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • Real Estate 2000 ME/NH
Mls Name: Maine Listings
Mls ID: #1634540