29 Lakeview LaneGreenwoodME04255
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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 Greenwood at 29 Lakeview Lane, Greenwood, ME, 04255 with 5% annual appreciation on a $795,000 basis while $1,440/mo rent supports operations. 65% in year one. Equity gained on principal adds $5,130/yr, and five-year appreciation sums $219,644 alongside rental yield of 2.17%. Five-year ROI measures 15.77% and total cumulative return in cash totals $41,242. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $3,891/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
5.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04255, Greenwood, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 291 (36.1%) |
| Renter Occupied HU | 51 ( 6.3%) |
| Vacant Housing Units | 463 (57.5%) |
| Median Home Value | $315,441 |
| Average Home Value | $358,290 |
Housing Distribution
Address Breakdown
Residential
299
Single Family
299
Multi-Family
0
Businesses
20
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