356 Lyford RoadOrneville TwpME04463
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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 Orneville Twp at 356 Lyford Road, Orneville Twp, ME, 04463 priced at $435,000 pairs $2,874/mo rent with $129/mo cash flow after a $2,129/mo payment. Total monthly income equals $2,874/mo, and annual cash flow comes to $1,545/yr on $144,203 invested. Return on cash invested is 20.98% in year one, and rental yield stands at 7.93% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 108.75% and total cumulative return in cash reaches $156,816. For financing, Ziffy Mortgage’s DSCR program evaluates $2,874/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
32.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04463, Milo, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,973 (100%) |
| Owner Occupied HU | 1,004 (50.9%) |
| Renter Occupied HU | 332 (16.8%) |
| Vacant Housing Units | 637 (32.3%) |
| Median Home Value | $113,384 |
| Average Home Value | $200,294 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,320
Multi-Family
81
Businesses
72
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Listed by: N/A • Realty of Maine
Mls Name: Maine Listings
Mls ID: #1625951