66 Main StreetLubecME04652
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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 Lubec at 66 Main Street, Lubec, ME, 04652 generates $0/mo in rent, after a $2,198/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.94% in year one, and rental yield is 0% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1903
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04652, Lubec, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,328 (100%) |
| Owner Occupied HU | 635 (47.8%) |
| Renter Occupied HU | 144 (10.8%) |
| Vacant Housing Units | 549 (41.3%) |
| Median Home Value | $215,046 |
| Average Home Value | $237,472 |
Housing Distribution
Address Breakdown
Residential
903
Single Family
902
Multi-Family
1
Businesses
84
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