251 Walker RoadLamoineME04605
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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 Lamoine at 251 Walker Road, Lamoine, ME, 04605 offers $1,294/mo rent that, after a $808/mo payment, leaves $252/mo cash flow. Total monthly income is $1,294/mo, and annual cash flow is $3,027/yr on $54,698 cash. Return on cash invested measures 25.44% in year one, and rental yield stands at 9.41% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 132.75% and total cumulative return in cash reaches $72,611. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,294/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1971
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04605, Ellsworth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,069 (100%) |
| Owner Occupied HU | 4,752 (52.4%) |
| Renter Occupied HU | 1,780 (19.6%) |
| Vacant Housing Units | 2,537 (28.0%) |
| Median Home Value | $298,411 |
| Average Home Value | $372,243 |
Housing Distribution
Address Breakdown
Residential
6,940
Single Family
6,598
Multi-Family
342
Businesses
915
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