2531 Atlantic HighwayLincolnvilleME04849
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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 Lincolnville at 2531 Atlantic Highway, Lincolnville, ME, 04849 generates $4,292/mo in rent, after a $5,824/mo payment. Total monthly income is $4,292/mo. Return on cash invested sits at 10.35% in year one, and rental yield is 4.33% on a $1,190,000 entry. Equity gained on principal adds $7,679/yr, while 5% annual appreciation builds toward $328,775 over five years. Five-year ROI reaches 51.68% and total cumulative return in cash sums $199,264. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,292/mo property income rather than buyer’s personal income.
Single Family
Built in 1780
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04849, Lincolnville, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,563 (55.9%) |
| Renter Occupied HU | 245 ( 8.8%) |
| Vacant Housing Units | 989 (35.4%) |
| Median Home Value | $368,066 |
| Average Home Value | $500,694 |
Housing Distribution
Address Breakdown
Residential
2,028
Single Family
2,028
Multi-Family
0
Businesses
92
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Listed by: N/A • Realty of Maine
Mls Name: Maine Listings
Mls ID: #1647546