34 South RoadLeeME04455
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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 Lee at 34 South Road, Lee, ME, 04455 priced at $267,500 converts $2,442/mo rent into $754/mo cash flow after a $1,309/mo obligation. Total monthly income equals $2,442/mo, and annual cash flow totals $9,048/yr on $88,676 invested. Return on cash invested prints 30.11% in year one, and rental yield reads 10.95% against a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation compiles into $73,905 by year five. Five-year ROI reaches 157.76% and total cumulative return in cash sums $139,892. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,442/mo property income covering a $1,309/mo payment, not borrower’s personal income.
Single Family
Built in 1982
10.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04455, Lee, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 335 (57.5%) |
| Renter Occupied HU | 41 ( 7.0%) |
| Vacant Housing Units | 207 (35.5%) |
| Median Home Value | $185,081 |
| Average Home Value | $197,403 |
Housing Distribution
Address Breakdown
Residential
327
Single Family
327
Multi-Family
0
Businesses
16
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