998 Lewiston RoadWest GardinerME04345
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
Investment property for sale in West Gardiner at 998 Lewiston Road, West Gardiner, ME, 04345 listed at $549,000 pairs $2,345/mo rent with a $2,687/mo payment. Total monthly income runs $2,345/mo. Return on cash invested measures 12.62% in year one, and rental yield registers 5.13% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 63.9% and total cumulative return in cash totals $115,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,345/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04345, Gardiner, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,801 (100%) |
| Owner Occupied HU | 4,061 (70.0%) |
| Renter Occupied HU | 1,215 (20.9%) |
| Vacant Housing Units | 525 ( 9.1%) |
| Median Home Value | $247,937 |
| Average Home Value | $268,862 |
Housing Distribution
Address Breakdown
Residential
5,434
Single Family
5,274
Multi-Family
160
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Keller Williams Realty
Mls Name: Maine Listings
Mls ID: #1627128