76 Lincoln AvenueGardinerME04345
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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 Gardiner at 76 Lincoln Avenue, Gardiner, ME, 04345 offers $2,197/mo rent that, after a $1,415/mo payment, leaves $373/mo cash flow. Total monthly income is $2,197/mo, and annual cash flow is $4,471/yr on $95,804 cash. Return on cash invested measures 24.58% in year one, and rental yield stands at 9.12% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 128.04% and total cumulative return in cash reaches $122,666. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,197/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04345, Gardiner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,801 (100%) |
| Owner Occupied HU | 4,061 (70.0%) |
| Renter Occupied HU | 1,215 (20.9%) |
| Vacant Housing Units | 525 ( 9.1%) |
| Median Home Value | $247,937 |
| Average Home Value | $268,862 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,274
Multi-Family
160
Businesses
297
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