412 N Lubec RoadLubecME04652
Nearby investment properties with comparable rents
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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 Lubec at 412 N Lubec Road, Lubec, ME, 04652 priced at $349,900 converts $2,554/mo rent into $345/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,554/mo, and annual cash flow totals $4,144/yr on $115,992 invested. Return on cash invested prints 23.48% in year one, and rental yield reads 8.76% against a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,671 by year five. Five-year ROI reaches 122.19% and total cumulative return in cash sums $141,726. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,554/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04652, Lubec, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,328 (100%) |
| Owner Occupied HU | 635 (47.8%) |
| Renter Occupied HU | 144 (10.8%) |
| Vacant Housing Units | 549 (41.3%) |
| Median Home Value | $215,046 |
| Average Home Value | $237,472 |
Housing Distribution
Address Breakdown
Residential
903
Single Family
902
Multi-Family
1
Businesses
84
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