24 Lynch Hill RoadMilbridgeME04658
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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 Milbridge at 24 Lynch Hill Road, Milbridge, ME, 04658 offers $0/mo rent that, after a $1,415/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.94% in year one, and rental yield stands at 0% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04658, Milbridge, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 910 (100%) |
| Owner Occupied HU | 477 (52.4%) |
| Renter Occupied HU | 124 (13.6%) |
| Vacant Housing Units | 309 (34.0%) |
| Median Home Value | $253,869 |
| Average Home Value | $279,555 |
Housing Distribution
Address Breakdown
Residential
540
Single Family
486
Multi-Family
54
Businesses
65
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices