32 Lichen LaneBlue HillME04614
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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 Blue Hill at 32 Lichen Lane, Blue Hill, ME, 04614 generates $3,131/mo in rent, after a $8,786/mo payment. Total monthly income is $3,131/mo. Return on cash invested sits at 3.45% in year one, and rental yield is 2.09% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 14.68% and total cumulative return in cash sums $85,357. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,131/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04614, Blue Hill, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,845 (100%) |
| Owner Occupied HU | 1,018 (55.2%) |
| Renter Occupied HU | 294 (15.9%) |
| Vacant Housing Units | 533 (28.9%) |
| Median Home Value | $373,502 |
| Average Home Value | $470,840 |
Housing Distribution
Address Breakdown
Residential
924
Single Family
922
Multi-Family
2
Businesses
173
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