40 Lucy Knowles RdChestervilleME04938
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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
Investment property for sale in Chesterville at 40 Lucy Knowles Rd, Chesterville, ME, 04938 listed at $250,000 pairs $2,204/mo rent with a $1,224/mo payment to leave $598/mo cash flow. Total monthly income runs $2,204/mo, and annual cash flow reaches $7,175/yr on $82,875 cash to close. Return on cash invested measures 28.57% in year one, and rental yield registers 10.58% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 149.57% and total cumulative return in cash totals $123,958. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,204/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04938, Farmington, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,048 (100%) |
| Owner Occupied HU | 2,727 (54.0%) |
| Renter Occupied HU | 1,439 (28.5%) |
| Vacant Housing Units | 882 (17.5%) |
| Median Home Value | $271,206 |
| Average Home Value | $352,001 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,638
Multi-Family
338
Businesses
419
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Listed by: N/A • N/A
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