9 Grandview StreetLisbonME04250
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 Lisbon at 9 Grandview Street, Lisbon, ME, 04250 priced at $447,500 converts $2,522/mo rent into after a $2,190/mo obligation. Total monthly income equals $2,522/mo. Return on cash invested prints 17.47% in year one, and rental yield reads 6.76% against a $447,500 entry. Equity gained on principal adds $2,888/yr, while 5% annual appreciation compiles into $123,636 by year five. Five-year ROI reaches 89.93% and total cumulative return in cash sums $133,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,522/mo property income covering a $2,190/mo payment, not borrower’s personal income.
Single Family
Built in 1860
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04250, Lisbon, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,439 (72.4%) |
| Renter Occupied HU | 443 (22.3%) |
| Vacant Housing Units | 105 ( 5.3%) |
| Median Home Value | $247,578 |
| Average Home Value | $243,466 |
Housing Distribution
Address Breakdown
Residential
2,000
Single Family
1,880
Multi-Family
120
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices