7 Lucas CourtBristolME04539
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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 Bristol at 7 Lucas Court, Bristol, ME, 04539 with 5% annual appreciation on a $409,999 basis while $3,194/mo rent supports operations. Total monthly income totals $3,194/mo and a $2,007/mo payment preserves $606/mo for cash returns. Annual cash flow comes to $7,274/yr on $135,915 deployed, and return on cash invested reaches 25.26% in year one. Equity gained on principal adds $2,646/yr, and five-year appreciation sums $113,275 alongside rental yield of 9.35%. Five-year ROI measures 131.72% and total cumulative return in cash totals $179,027.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,194/mo property income versus a $2,007/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04539, Bristol, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 564 (68.6%) |
| Renter Occupied HU | 81 ( 9.9%) |
| Vacant Housing Units | 177 (21.5%) |
| Median Home Value | $396,203 |
| Average Home Value | $489,419 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
33
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