211 Lovejoy Pond RoadWayneME04284
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
Investment property for sale in Wayne at 211 Lovejoy Pond Road, Wayne, ME, 04284 listed at $750,000 pairs $0/mo rent with a $3,671/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 $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04284, Wayne, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 826 (100%) |
| Owner Occupied HU | 444 (53.8%) |
| Renter Occupied HU | 54 ( 6.5%) |
| Vacant Housing Units | 328 (39.7%) |
| Median Home Value | $362,428 |
| Average Home Value | $399,780 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices