2431 Lee RoadLeeME04455
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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
Investment property for sale in Lee at 2431 Lee Road, Lee, ME, 04455 uses $79,527 cash to close to unlock $1,310/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,623/mo, and a $1,174/mo payment keeps the spread at $109/mo. Purchase price stands at $239,900, and rental yield measures 8.12% with $1,623/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 111.88% and total cumulative return in cash records $88,975. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,623/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1988
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04455, Lee, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 335 (57.5%) |
| Renter Occupied HU | 41 ( 7.0%) |
| Vacant Housing Units | 207 (35.5%) |
| Median Home Value | $185,081 |
| Average Home Value | $197,403 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
16
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