M4 L1-1 Town RoadLagrangeME04453
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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 Lagrange at M4 L1-1 Town Road, Lagrange, ME, 04453 uses $53,007 cash to close to unlock $3,642/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $1,313/mo, and a $783/mo payment keeps the spread at $303/mo. Purchase price stands at $159,900, and rental yield measures 9.85% with $1,313/mo rent. Return on cash invested shows 26.78% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 139.92% and total cumulative return in cash records $74,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,313/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 2002
52.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 04453, Lagrange, ME area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 272 (62.4%) |
| Renter Occupied HU | 67 (15.4%) |
| Vacant Housing Units | 97 (22.2%) |
| Median Home Value | $185,417 |
| Average Home Value | $200,965 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
265
Multi-Family
24
Businesses
10
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