307 Russell Street, Lewiston, ME, 04240 | $118/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lewiston at 307 Russell Street, Lewiston, ME, 04240 with 5% annual appreciation on a $275,000 basis while $1,854/mo rent supports operations. Total monthly income totals $1,854/mo and a $1,346/mo payment preserves $118/mo for cash returns. Annual cash flow comes to $1,421/yr on $91,163 deployed, and return on cash invested reaches 21.47% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.09%. Five-year ROI measures 111.4% and total cumulative return in cash totals $101,555.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,854/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1957

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04240, Lewiston, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,860 (100%)
Owner Occupied HU	7,772 (46.1%)
Renter Occupied HU	7,750 (46.0%)
Vacant Housing Units	1,338 ( 7.9%)
Median Home Value	$245,673
Average Home Value	$272,189