4 Lincoln Street, Richmond, ME, 04357 | 7.09% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,500/mo, and a $1,243/mo payment. Purchase price stands at $254,000, and rental yield measures 7.09% with $1,500/mo rent. Return on cash invested shows 18.44% in year one, and 5% annual appreciation builds toward $70,176 over five years. Five-year ROI reaches 95.18% and total cumulative return in cash records $80,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,243/mo payment rather than investor’s personal income.

Single Family

Built in 1900

5,227 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 04357, Richmond, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,641 (100%)
Owner Occupied HU	1,121 (68.3%)
Renter Occupied HU	353 (21.5%)
Vacant Housing Units	167 (10.2%)
Median Home Value	$254,228
Average Home Value	$307,295