38 Foxboro RoadLovellME04051
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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 Lovell at 38 Foxboro Road, Lovell, ME, 04051 priced at $774,900 pairs $1,920/mo rent with after a $3,793/mo payment. Total monthly income equals $1,920/mo. Return on cash invested is 6.08% in year one, and rental yield stands at 2.97% on a $774,900 basis. Equity gained on principal adds $5,000/yr, and 5% annual appreciation accumulates to $214,091 by year five. Five-year ROI measures 28.81% and total cumulative return in cash reaches $73,439. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $3,793/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2010
9.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04051, Lovell, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,267 (100%) |
| Owner Occupied HU | 457 (36.1%) |
| Renter Occupied HU | 48 ( 3.8%) |
| Vacant Housing Units | 762 (60.1%) |
| Median Home Value | $361,932 |
| Average Home Value | $426,668 |
Housing Distribution
Address Breakdown
Residential
478
Single Family
478
Multi-Family
0
Businesses
43
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