81 Lewis Hill RoadBowdoinME04287
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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 Bowdoin at 81 Lewis Hill Road, Bowdoin, ME, 04287 priced at $339,000 converts $2,137/mo rent into after a $1,659/mo obligation. Total monthly income equals $2,137/mo. Return on cash invested prints 19.88% in year one, and rental yield reads 7.56% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 102.87% and total cumulative return in cash sums $115,600. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,137/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1974
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04287, Bowdoin, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,284 (100%) |
| Owner Occupied HU | 1,110 (86.4%) |
| Renter Occupied HU | 122 ( 9.5%) |
| Vacant Housing Units | 52 ( 4.0%) |
| Median Home Value | $288,147 |
| Average Home Value | $310,119 |
Housing Distribution
Address Breakdown
Residential
1,243
Single Family
1,243
Multi-Family
0
Businesses
9
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