5 Lucus DriveMontvilleME04941
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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 Montville at 5 Lucus Drive, Montville, ME, 04941 generates $1,023/mo in rent and, after a $665/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,023/mo, and annual cash flow is $1,986/yr on $45,051 invested. Return on cash invested sits at 24.32% in year one, and rental yield is 9.03% on a $135,900 entry. Equity gained on principal adds $877/yr, while 5% annual appreciation builds toward $37,547 over five years. Five-year ROI reaches 126.7% and total cumulative return in cash sums $57,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,023/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04941, Freedom, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 714 (71.3%) |
| Renter Occupied HU | 108 (10.8%) |
| Vacant Housing Units | 180 (18.0%) |
| Median Home Value | $266,346 |
| Average Home Value | $289,090 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
800
Multi-Family
0
Businesses
27
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