40 Oakwood StreetLymanME04002
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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 Lyman at 40 Oakwood Street, Lyman, ME, 04002 priced at $295,000 converts $2,189/mo rent into $327/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,189/mo, and annual cash flow totals $3,925/yr on $97,793 invested. Return on cash invested prints 23.92% in year one, and rental yield reads 8.9% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 124.58% and total cumulative return in cash sums $121,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,189/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,863 (100%) |
| Owner Occupied HU | 2,887 (74.7%) |
| Renter Occupied HU | 403 (10.4%) |
| Vacant Housing Units | 573 (14.8%) |
| Median Home Value | $461,084 |
| Average Home Value | $510,512 |
Housing Distribution
Address Breakdown
Residential
3,106
Single Family
3,091
Multi-Family
15
Businesses
145
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