4 Chestnut LaneLevantME04456
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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 Levant at 4 Chestnut Lane, Levant, ME, 04456 offers $3,005/mo rent that, after a $1,322/mo payment, leaves $1,301/mo cash flow. Total monthly income is $3,005/mo, and annual cash flow is $15,606/yr on $89,505 cash. Return on cash invested measures 37.34% in year one, and rental yield stands at 13.36% at a $270,000 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 196.52% and total cumulative return in cash reaches $175,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,005/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04456, Levant, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,018 (76.4%) |
| Renter Occupied HU | 236 (17.7%) |
| Vacant Housing Units | 79 ( 5.9%) |
| Median Home Value | $285,833 |
| Average Home Value | $319,944 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
36
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