607 W Old Main RoadLowellME04493
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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 Lowell at 607 W Old Main Road, Lowell, ME, 04493 with 5% annual appreciation on a $275,000 basis while $1,926/mo rent supports operations. Total monthly income totals $1,926/mo and a $1,346/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,285/yr on $91,163 deployed, and return on cash invested reaches 22.42% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.4%. Five-year ROI measures 116.45% and total cumulative return in cash totals $106,163.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,926/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
4.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04493, West Enfield, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 681 (56.7%) |
| Renter Occupied HU | 100 ( 8.3%) |
| Vacant Housing Units | 419 (34.9%) |
| Median Home Value | $205,328 |
| Average Home Value | $261,399 |
Housing Distribution
Address Breakdown
Residential
614
Single Family
614
Multi-Family
0
Businesses
28
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