26 Lester LaneBurnhamME04922
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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 Burnham at 26 Lester Lane, Burnham, ME, 04922 earns from $2,932/mo rent with a $2,325/mo payment. Total monthly income totals $2,932/mo. ROI tracks 19.41% on current figures, and rental yield reads 7.41% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 100.34% and total cumulative return in cash sums $157,999. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,932/mo property income instead of your personal income.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04922, Burnham, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 421 (60.7%) |
| Renter Occupied HU | 68 ( 9.8%) |
| Vacant Housing Units | 205 (29.5%) |
| Median Home Value | $224,583 |
| Average Home Value | $278,420 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
10
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