58 Fleming StreetLincolnME04457
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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 Lincoln at 58 Fleming Street, Lincoln, ME, 04457 uses $46,377 cash to close to unlock $2,446/yr annual cash flow and $204/mo monthly cash flow. Total monthly income runs $1,087/mo, and a $685/mo payment keeps the spread at $204/mo. Purchase price stands at $139,900, and rental yield measures 9.32% with $1,087/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 131.27% and total cumulative return in cash records $60,879. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,087/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04457, Lincoln, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,318 (100%) |
| Owner Occupied HU | 2,100 (63.3%) |
| Renter Occupied HU | 564 (17.0%) |
| Vacant Housing Units | 654 (19.7%) |
| Median Home Value | $208,458 |
| Average Home Value | $241,743 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,515
Multi-Family
71
Businesses
225
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