97 Lake StreetNew VineyardME04956
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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 New Vineyard at 97 Lake Street, New Vineyard, ME, 04956 earns from $0/mo rent with a $1,101/mo payment. Total monthly income totals $0/mo. ROI tracks -2.93% on current figures, and rental yield reads 0% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1980
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04956, New Vineyard, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 475 (100%) |
| Owner Occupied HU | 273 (57.5%) |
| Renter Occupied HU | 39 ( 8.2%) |
| Vacant Housing Units | 163 (34.3%) |
| Median Home Value | $253,571 |
| Average Home Value | $251,126 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
14
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No similar rental properties found nearby.
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Listed by: N/A • Allied Realty
Mls Name: Maine Listings
Mls ID: #1645798