370 Lane RoadGreeneME04236
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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
Rental property for sale in Greene at 370 Lane Road, Greene, ME, 04236 offers $2,179/mo rent that, after a $1,468/mo payment, leaves $286/mo cash flow. Total monthly income is $2,179/mo, and annual cash flow is $3,432/yr on $99,450 cash. Return on cash invested measures 23.36% in year one, and rental yield stands at 8.72% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 121.48% and total cumulative return in cash reaches $120,816. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,179/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04236, Greene, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,017 (100%) |
| Owner Occupied HU | 1,574 (78.0%) |
| Renter Occupied HU | 227 (11.3%) |
| Vacant Housing Units | 216 (10.7%) |
| Median Home Value | $331,173 |
| Average Home Value | $350,681 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
68
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