49 Lisbon Street UNIT 3ALewistonME04240
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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 Lewiston at 49 Lisbon Street UNIT 3A, Lewiston, ME, 04240 priced at $330,000 converts $1,350/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,350/mo. Return on cash invested prints 8.08% in year one, and rental yield reads 4.91% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 40.95% and total cumulative return in cash sums $44,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,350/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Condo
Built in 1902
N/A lot
$N/A/sqft
$346 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04240, Lewiston, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,860 (100%) |
| Owner Occupied HU | 7,772 (46.1%) |
| Renter Occupied HU | 7,750 (46.0%) |
| Vacant Housing Units | 1,338 ( 7.9%) |
| Median Home Value | $245,673 |
| Average Home Value | $272,189 |
Housing Distribution
Address Breakdown
Residential
15,582
Single Family
13,292
Multi-Family
2,290
Businesses
1,153
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Listed by: N/A • Signature Homes Real Estate Group, LLC
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1616752
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782