397 West Old Main RoadLowellME04493
Nearby investment properties with comparable rents
- 3 Bed
- 1 Bath
- 1460 sft
- 3 Bed
- 1 Bath
- 963 sft
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 Lowell at 397 West Old Main Road, Lowell, ME, 04493 offers $1,992/mo rent that, after a $1,640/mo payment. Total monthly income is $1,992/mo. Return on cash invested measures 18.58% in year one, and rental yield stands at 7.14% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 95.93% and total cumulative return in cash reaches $106,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,992/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
- 3 Bed
- 1 Bath
- 1460 sft
- 3 Bed
- 1 Bath
- 963 sft
Nearby investment properties with comparable prices