37 Petite DriveLincolnME04457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lincoln at 37 Petite Drive, Lincoln, ME, 04457 at $324,900 posts ROI 12.97% with from $1,440/mo rent. Total monthly income equals $1,440/mo. Return on cash invested measures 12.97% and rental yield reads 5.32% at the current $324,900. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 by year five. Five-year ROI prints 65.87% and total cumulative return in cash totals $70,949. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
0.70 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04457, Lincoln, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,318 (100%) |
| Owner Occupied HU | 2,100 (63.3%) |
| Renter Occupied HU | 564 (17.0%) |
| Vacant Housing Units | 654 (19.7%) |
| Median Home Value | $208,458 |
| Average Home Value | $241,743 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,515
Multi-Family
71
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Dewitt-Jones Realty
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1610024
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782