7 Old Lewiston RoadNorth MonmouthME04265
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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 North Monmouth at 7 Old Lewiston Road, North Monmouth, ME, 04265 priced at $330,000 converts $2,820/mo rent into $738/mo cash flow after a $1,615/mo obligation. Total monthly income equals $2,820/mo, and annual cash flow totals $8,850/yr on $109,395 invested. Return on cash invested prints 28% in year one, and rental yield reads 10.25% against a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 146.41% and total cumulative return in cash sums $160,163. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,820/mo property income covering a $1,615/mo payment, not borrower’s personal income.
Single Family
Built in 1925
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04265, North Monmouth, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 511 (100%) |
| Owner Occupied HU | 397 (77.7%) |
| Renter Occupied HU | 34 ( 6.7%) |
| Vacant Housing Units | 80 (15.7%) |
| Median Home Value | $232,955 |
| Average Home Value | $231,713 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
21
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Listed by: N/A • Real Broker
Mls Name: Maine Listings
Mls ID: #1643566