72 Blanchard RoadLebanonME04027
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lebanon at 72 Blanchard Road, Lebanon, ME, 04027 priced at $119,900 converts $2,480/mo rent into $1,208/mo cash flow after a $587/mo obligation. Total monthly income equals $2,480/mo, and annual cash flow totals $14,498/yr on $39,747 invested. Return on cash invested prints 56.38% in year one, and rental yield reads 24.82% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 304.39% and total cumulative return in cash sums $120,984. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,480/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
N/A lot
$N/A/sqft
$515 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04027, Lebanon, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,889 (100%) |
| Owner Occupied HU | 2,339 (81.0%) |
| Renter Occupied HU | 285 ( 9.9%) |
| Vacant Housing Units | 265 ( 9.2%) |
| Median Home Value | $361,498 |
| Average Home Value | $383,656 |
Housing Distribution
Address Breakdown
Residential
2,465
Single Family
2,465
Multi-Family
0
Businesses
73
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Nearby investment properties with comparable prices
Listed by: N/A • Advantage Associates
Mls Name: Maine Listings
Mls Provider:
Mls ID: #1631248
Disclaimer: Listing data is derived in whole or in part from Maine Real Estate Information System, Inc. (d/b/a Maine Listings) and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. 2025 Maine Real Estate Information System, Inc. All Rights Reserved. Equal Housing Opportunity. Zillow Inc. 415 Congress St #202 Portland, ME 04101 (207) 220-3782