74 Lisa Drive, Alfred, ME, 04002 | 3.41% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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74 Lisa Drive, Alfred, ME, 04002 | 3.41% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Alfred at 74 Lisa Drive, Alfred, ME, 04002 at $675,000 posts ROI 7.41% with from $1,920/mo rent. Total monthly income equals $1,920/mo. Return on cash invested measures 7.41% and rental yield reads 3.41% at the current $675,000. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 by year five. Five-year ROI prints 35.97% and total cumulative return in cash totals $79,875. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1997

5.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Your Southern Maine deeded lake access Sanctuary awaits! This 5.25-acre property is bordered by apple orchards and a spring fed lake in a beautiful, wooded setting. The property consists of a tasteful, newly renovated 2 story, energy efficient home with high-end finishes. In addition to the main house there is a lovely 1 bedroom (with additional sleeping loft) full bathroom cabin for extended family, friends or for use as an income property. This building is a town approved ADU. This one-of-a-kind property is situated on a peaceful dead-end road surrounded by nature and minutes to your dock. You are only 25 minutes from the Maine Turnpike, 30 minutes to the beaches and less than an hour from the White Mountains. This property is also available with an additional 5-acre, abutting buildable lot with deeded lake access that overlooks the lakefront and dock.

Neighborhood Data

Neighborhood data shown for ZIP Code: 04002, Alfred, ME area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,863 (100%)
Owner Occupied HU	2,887 (74.7%)
Renter Occupied HU	403 (10.4%)
Vacant Housing Units	573 (14.8%)
Median Home Value	$461,084
Average Home Value	$510,512