850 Lawrence RoadPownalME04069
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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 Pownal at 850 Lawrence Road, Pownal, ME, 04069 priced at $599,000 converts $2,724/mo rent into after a $2,932/mo obligation. Total monthly income equals $2,724/mo. Return on cash invested prints 13.63% in year one, and rental yield reads 5.46% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 69.29% and total cumulative return in cash sums $136,546. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,724/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1815
2.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04069, Pownal, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 677 (100%) |
| Owner Occupied HU | 611 (90.3%) |
| Renter Occupied HU | 50 ( 7.4%) |
| Vacant Housing Units | 16 ( 2.4%) |
| Median Home Value | $573,026 |
| Average Home Value | $712,553 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
657
Multi-Family
0
Businesses
17
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