904 & 908 Lakeview DriveSouth ChinaME04358
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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
Investment property for sale in South China at 904 & 908 Lakeview Drive, South China, ME, 04358 offers a 8.93% rental yield on a $395,000 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $1,933/mo payment leaves $447/mo available for distribution. Annual cash flow reaches $5,369/yr on $130,943 to close, and return on cash invested stands at 24.01% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 125.01% and total cumulative return in cash at $163,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04358, South China, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,423 (100%) |
| Owner Occupied HU | 1,609 (66.4%) |
| Renter Occupied HU | 282 (11.6%) |
| Vacant Housing Units | 532 (22.0%) |
| Median Home Value | $267,877 |
| Average Home Value | $297,088 |
Housing Distribution
Address Breakdown
Residential
1,599
Single Family
1,599
Multi-Family
0
Businesses
101
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Listed by: N/A • Tim Dunham Realty
Mls Name: Maine Listings
Mls ID: #1645861