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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lyman at 21 Fieldstone Drive, Lyman, ME, 04002 priced at $257,000 converts $2,568/mo rent into $261/mo cash flow after a $1,258/mo obligation. Total monthly income equals $2,568/mo, and annual cash flow totals $3,131/yr on $85,196 invested. Return on cash invested prints 23.58% in year one, and rental yield reads 11.99% against a $257,000 entry. Equity gained on principal adds $1,658/yr, while 5% annual appreciation compiles into $71,004 by year five. Five-year ROI reaches 126.2% and total cumulative return in cash sums $107,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,568/mo property income covering a $1,258/mo payment, not borrower’s personal income.
Manufactured
Built in 2017
N/A lot
$N/A/sqft
$685 monthly HOA
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
Date | Event | Price |
|---|---|---|
| 2025-05-20 | Sold | $257,000 |
| 2025-05-12 | Pending sale | $275,000 |
| 2025-05-07 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $2048.00 | N/A | $168,000 | N/A |
| 2023-10-18 | $2048.00 | 4.17% | $168,000 | N/A |
| 2022-10-18 | $1966.00 | 1.92% | $168,000 | N/A |
Listed by: N/A • Signature Homes Real Estate Group, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1621799
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
