55 Howard Street,Lewiston,ME,04240

Investment Highlights

Investment property for sale in Lewiston at 55 Howard Street, Lewiston, ME, 04240 listed at $325,000 pairs $2,291/mo rent with a $1,591/mo payment to leave $240/mo cash flow. Total monthly income runs $2,291/mo, and annual cash flow reaches $2,875/yr on $107,738 cash to close. Return on cash invested measures 22.58% in year one, and rental yield registers 8.46% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 117.32% and total cumulative return in cash totals $126,397. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,291/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).