48 Lincoln StreetSouth ParisME04281
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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 South Paris at 48 Lincoln Street, South Paris, ME, 04281 offers a 4.49% rental yield on a $424,900 purchase with $1,590/mo rent. 61% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,392 over five years. Portfolio math shows five-year ROI at 53.15% and total cumulative return in cash at $74,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1825
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04281, South Paris, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,605 (100%) |
| Owner Occupied HU | 1,648 (63.3%) |
| Renter Occupied HU | 756 (29.0%) |
| Vacant Housing Units | 201 ( 7.7%) |
| Median Home Value | $280,588 |
| Average Home Value | $310,649 |
Housing Distribution
Address Breakdown
Residential
2,282
Single Family
2,066
Multi-Family
216
Businesses
175
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Listed by: N/A • Mahoosuc Realty, Inc.
Mls Name: Maine Listings
Mls ID: #1643410