273 Lemon Stream RoadNew PortlandME04961
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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 New Portland at 273 Lemon Stream Road, New Portland, ME, 04961 priced at $363,900 pairs $1,506/mo rent with after a $1,781/mo payment. Total monthly income equals $1,506/mo. Return on cash invested is 12.05% in year one, and rental yield stands at 4.97% on a $363,900 basis. Equity gained on principal adds $2,348/yr, and 5% annual appreciation accumulates to $100,539 by year five. Five-year ROI measures 60.85% and total cumulative return in cash reaches $73,402. For financing, Ziffy Mortgage’s DSCR program evaluates $1,506/mo property income against a $1,781/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04961, North New Portland, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 815 (100%) |
| Owner Occupied HU | 430 (52.8%) |
| Renter Occupied HU | 40 ( 4.9%) |
| Vacant Housing Units | 345 (42.3%) |
| Median Home Value | $167,672 |
| Average Home Value | $197,767 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
11
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Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1637333